Binance Establishing Close Affinity With Law Enforcement

• The workshop was held first time in Canada.
• The workshop focused on law enforcement and finance experts.

Binance the world’s largest cryptocurrency exchange by daily trading volume, conducted a blockchain and cryptocurrency workshop for law enforcement and finance experts, in Calgary, Canada on July 21st, 2022. The workshop was a part of a group of training programs intended to support and advance efforts for investor protection, industry development, and anti-fraud. 

Some of the main subjects covered during the event that, the ideas of blockchain and digital assets, Binance’s AML (anti-money laundering) rules, and the processes and tools created by the firm to assist law enforcement in the fight against cyber and financial crimes.

First Law Enforcement Event in Canada

The workshop was held first time in Canada and it is part of a collection of training provided by Binance for law enforcement, the legal community, and peer organizations globally. The executive team of Binance in Canada and the company’s global investigative division attended the workshop with Canada’s Chief Anti-Money Laundering Officer (CAMLO). 

The Calgary Police Service (CPS) Cybercrimes unit, Chainalysis, a blockchain analysis company that collaborates with the FBI and CIA in the United States and various Canadian law enforcement agencies as part of the event. 

Furthermore, regulatory legal experts from BLG and two of Canada’s most famed Crown investigators who specialize in blockchain and cryptocurrency are speakers on the panels.

Binance is taking a new way for the development of the blockchain and cryptocurrency industry and is working closely with regulators, legislators, and governments to ensure a safe environment for all. Also, recently the crypto exchange obtained a virtual asset service provider (VASP) operating license from the Bank of Spain.

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