Amid the rapid adoption of digital technologies worldwide, the National Bank of Kyrgyzstan trained its employees in virtual asset oversight and blockchain analytics tools.
The training for the bank’s specialists was conducted with the participation of experts from Crystal Intelligence, a global leader in blockchain analytics, transaction monitoring, and compliance solutions for the digital and virtual asset market.
National Bank employees examined in detail modern approaches to overseeing virtual asset-related activities, explored the potential of using blockchain analytics tools for transaction monitoring and analysis, and familiarized themselves with international practices for regulating the digital asset market.
Particular attention was paid to identifying and preventing illegal activity, including combating money laundering, terrorist financing, and other risks associated with the use of virtual assets.
«Crystal Intelligence experts presented practical case studies on investigating transactions in various blockchain networks, demonstrated methods for analyzing the movement of digital assets, and discussed the capabilities of modern analytical platforms for improving the effectiveness of supervisory activities,» the National Bank noted.
It is worth noting that Crystal Intelligence solutions are widely used by government agencies, including central banks, financial institutions, law enforcement agencies, and supervisory authorities in many countries worldwide for financial investigations, risk assessment, and compliance with legal requirements in the virtual asset sector.
The regulator emphasized that such educational events help strengthen the institutional capacity of the National Bank of the Kyrgyz Republic and develop a modern expert base in the regulation of digital financial technologies.
It is expected that the acquired knowledge and practical skills will enable National Bank employees to more effectively improve supervisory mechanisms and apply international experience in developing the national regulatory environment.
The National Bank added that consistent work is being carried out for employees to improve their qualifications, develop professional competencies, and implement best international practices in financial regulation. This activity is aimed at ensuring the stability of the financial system, supporting innovation and creating conditions for the safe and sustainable development of the virtual asset market in the Kyrgyz Republic.
