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Kosovo Boosts Crypto Knowledge with New Workshop

Kosovo Boosts Crypto Knowledge with New Workshop

Kosovo is advancing its cryptocurrency financial literacy through a recent workshop, which took place from September 24 to 26.

Organized by the Financial Intelligence Unit (FIU) in collaboration with the Council of Europe’s Octopus Project, this initiative brought together financial experts, law enforcement, and representatives from the Central Bank of Kosovo.

The workshop focused on enhancing local expertise regarding digital currencies and Virtual Asset Service Providers (VASPs). A key aim was to equip participants with the skills needed to trace and confiscate illegal cryptocurrency transactions effectively.

Additionally, attendees explored the existing legal frameworks governing digital currencies and improved operational procedures for investigations.


READ MORE: BlackRock Executive Claims Bitcoin Should Be Seen as a Safe Haven


Despite its ongoing legitimacy disputes, Kosovo receives substantial support from the EU and the U.S. The EU has established comprehensive regulations for the crypto sector, with its Markets in Crypto-Assets Regulation (MiCA) taking effect in June 2023.

Member states have until 2026 to align their businesses with these laws, with proactive strategies already underway in countries like Ireland and Spain.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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