Ukraine Enhances Crypto Crime Investigations with OSCE Training
Ukraine’s National Securities and Stock Market Commission officials participated in a specialized OSCE training on crypto crime investigations.

By Tylt Editorial Team
Twelve Ukrainian officials completed OSCE’s blockchain training
Program focused on tracing illicit crypto activities
Part of an initiative to combat money laundering and financial crimes
In a step towards improving their ability to combat crypto-related crimes, Ukrainian officials have recently completed a specialized three-day training organized by the Organization for Security and Co-operation in Europe (OSCE). The training, which took place online, aimed to bolster the skills of 12 officials from Ukraine's National Securities and Stock Market Commission in investigating illicit activities within the blockchain and crypto-asset ecosystem.
The sessions covered a wide range of essential topics, including blockchain technology basics, crypto-asset taxonomy, and advanced techniques for tracing blockchain transactions. Attendees were also given the opportunity to engage in hands-on exercises, where they analyzed real-time Bitcoin and Ethereum transactions. This allowed the participants to identify patterns and detect suspicious activities on the blockchain in an interactive, practical setting.
The OSCE's initiative is a part of a broader project that is supported by multiple countries including Germany, Italy, Poland, Romania, the U.K., and the U.S. This project aims to enhance the capacity of participating states to deal with the growing risks associated with virtual assets, especially focusing on financial crimes such as money laundering. According to Maksym Mishalov Dragunov, an assistant project officer at OSCE, criminal activity on blockchain networks is increasing, with cryptocurrencies offering unique advantages such as the ability to facilitate instantaneous, borderless transfers.
Ukraine has seen significant activity in decentralized finance (DeFi), with a recent report by Chainalysis revealing a massive 362% increase in large institutional transactions exceeding $10 million in 2023. This surge has contributed to the rapid growth of DeFi in the region, further emphasizing the need for effective oversight and investigation mechanisms. Similar trends have been observed in neighboring countries such as Russia, Belarus, Poland, and Slovakia, where large institutional transfers are also driving the expansion of decentralized finance.
The OSCE training is part of a global effort to improve crypto crime investigations, making it clear that as virtual assets become more integral to the financial system, the need for skilled investigators to track illegal activities grows ever more important.