Certificate in Cryptoasset Financial Crime Compliance

Enroll in the Certificate in Cryptoasset Financial Crime Compliance and take your Anti-Financial Crime Career to the next level!

Course Description

It was over one decade ago that the first cryptocurrency Bitcoin was invented. Since then, many things have changed, new cryptocurrencies were invented and eventually they became part of the products and services offered by large organizations. Large multinational corporations such as Goldman Sachs, Fidor Bank, Banco Masventas, Microsoft, AT&T, and Overstock, among others, have already integrated cryptocurrency-related products and services in their portfolios – and this is only just the beginning.

The adoption of the blockchain technology and cryptocurrencies creates new challenges for organizations especially from a financial crime, compliance, and risk perspective.

Professionals that are working in compliance, financial crime prevention, and risk management need to be aware of the many-faceted blockchain and cryptocurrency risk environment.

But what is blockchain technology, what are cryptocurrencies, and how do they relate to financial crime and compliance? What are the important legal and regulatory aspects one needs to be aware of?

More importantly, how do money laundering and terrorist financing using cryptocurrencies work and what compliance tools and methods can help organizations to protect themselves against the potential risks from engaging in blockchain technologies and cryptocurrencies.

This online course is your Cryptocurrency Financial Crime Compliance Bootcamp!

In this course you will learn all the basics and fundamentals about blockchain technology, cryptocurrencies, and how they related to financial crime and compliance.


What You Will Get From This Course

In-demand Skills

Gain the relevant knowledge to ensure that you are supporting your firm and progressing your career.

Career Credential

Get a certificate from the FCA Financial Crime Academy.

Flexibility

Study on-demand and at your own time and pace, regardless of where you are in the world with this flexible online course.

Global Community

Get access to our exclusive LinkedIn group with 1,500+ like-minded professionals and experts.

Course Material

Download supplementary course material such as the comprehensive course study guide.

Quiz Questions

Test your knowledge with multiple-choice questions and determine which skills you have mastered!


Course Overview

Learning Objectives

  • Understand the essentials of the blockchain technology
  • Explain how cryptocurrencies are currently used by criminals
  • Interpret the role of cryptocurrencies in terrorism financing
  • Differentiate international cryptocurrency laws and regulations on a country-level
  • Build a foundational knowledge of the complex universe of cryptocurrencies
  • Discuss how cryptocurrencies are used for money laundering and explain money laundering methods
  • Reflect on the limitations of cryptocurrencies in financial crimes
  • Acquire an overview of methods and tools for an effective cryptocurrency compliance program

Target Audience

  • Professionals wanting to acquire and demonstrate specialized financial crime knowledge in cryptocurrencies
  • Professionals wanting to increase their value through better understanding of cryptocurrency financial crime prevention and compliance
  • Career starters and students wanting to build a foundational knowledge of the role that cryptocurrencies play in financial crime prevention and compliance
  • Anyone who is genuinely interested in cryptocurrencies and their relation to financial crimes

Requirements

For participating in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.). You will need no previous knowledge in compliance or anti-financial crime, although this is helpful. A background in business, legal, or finance might also be beneficial but is not required.

Learning Method

This Certification Program is presented entirely online. Modules can be completed in your own time and at your own pace. This interactive, supportive teaching model is designed for busy professionals and results in unprecedented certification rates for Certification Programs.


Course Curriculum

Introduction to the Program

  • Introduction to the Program

Module 1: What You Need to Know About the Blockchain

  • Introduction to this Module
  • What is Blockchain?
  • How does a Blockchain Work?
  • Understanding the Blockchain Consensus Mechanism
  • What Can You Do with Blockchain Technology?
  • Case Study – Practical Example
  • Module Summary
  • Multiple Choice Quiz

Module 2: What You Need to Know About Cryptocurrency

  • Introduction to this Module
  • Understanding Cryptoassets, Cryptocurrencies, and Tokens
  • Understanding NFTs
  • Understanding Metaverse
  • Understanding Decentralized Finance (DeFi)
  • The Bribery of Cryptoassets: Initial Coin Offerings
  • What Can You Do with Cryptocurrencies?
  • A Brief History of Virtual Currencies and Cryptocurrencies
  • Case Study
  • Module Summary
  • Multiple Choice Quiz

Module 3: Understanding the Use of Cryptocurrencies in Financial Crimes

  • Introduction to this Module
  • Why Cryptocurrencies are Interesting for Criminals
  • The Five Most Relevant Cryptocurrencies for Criminals
  • Darknet Marketplaces
  • The Financial Crime Risk in Initial Coin Offerings
  • Limitations of Cryptocurrencies for Financial Crimes
  • Case Study - The Use of Cryptocurrencies on Darknet Marketplaces
  • Module Summary
  • Multiple Choice Quiz

Module 4: Understanding Cryptocurrency Money Laundering

  • Introduction to this Module
  • What is Money Laundering?
  • The 3 Stages of Cryptocurrency Money Laundering
  • Cryptocurrency Money Laundering using Virtual Currency Exchanges
  • Seven Additional Methods of Cryptocurrency Money Laundering
  • Money Laundering Threats Related to Metaverse
  • Money Laundering Threats Related to NFTs
  • Case Study
  • Module Summary
  • Multiple Choice Quiz

Module 5: Understanding Cryptocurrency Terrorist Financing

  • Introduction to this Module
  • What is Terrorist Financing?
  • The 4 Stages of Cryptocurrency Terrorist Financing
  • The Role of Cryptocurrencies in Terrorist Financing
  • Case Study
  • Module Summary
  • Multiple Choice Quiz

Module 6: Understanding International Crypto Laws and Regulations

  • Introduction to this Module
  • Clarifying the Legal Status of Cryptocurrencies
  • Cryptocurrency Laws and Regulations in Asia
  • Cryptocurrency Laws and Regulations in Africa
  • Cryptocurrency Laws and Regulations in the Americas
  • Cryptocurrency Laws and Regulations in Other Regions
  • Cryptocurrency Laws and Regulations in Europe
  • Module Summary
  • Multiple Choice Quiz

Module 7: Methods and Tools for an Effective Cryptocurrency Compliance Program

  • Introduction to this Module
  • Defining the Cryptocurrency Risk Appetite
  • Performing the Cryptocurrency Financial Crime Risk Assessment
  • Monitoring Cryptocurrency Activity with Software Solutions
  • What Exactly Do Cryptocurrency Transaction Monitoring Tools Do?
  • Identifying Cryptocurrency Red Flags
  • Identifying Illicit Activity with Software Solutions
  • Case Study
  • Module Summary
  • Multiple Choice Quiz

Module 8: Financial Crime and Money Laundering Risks and their Prevention

  • Introduction to this Module
  • Financial Crime and Money Laundering Risks in Digital Assets
  • Anti-Financial Crime or Anti-Money Laundering Program
  • Prevention of Financial Crime and Money Laundering Risks
  • Ongoing Due Diligence and Monitoring
  • Case Study
  • Module Summary
  • Multiple Choice Quiz

Final Assessment

  • Final Assessment

Completing the Program

  • Completing the Program


Certification Track

Complete all courses of the certification track to become a Certified Anti-Financial Crime Professional (CFCP).

Fca017 Certificate In Anti Financial Crime Risk Management And Compliance
Fca016 Certificate In Cryptoasset Financial Crime Compliance
Fca006 Certificate In Countering Illegal Wildlife Trade
Fca023 Certificate In Anti Financial Crime Compliance
Fca015 Certificate In Anti Bribery And Corruption

Frequently Asked Questions

What are the requirements to take the courses?

All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, a smartphone or table, and a stable internet connection.

Can I download course files and resources for the course?

Absolutely! All the files (including study guide, audiobook, course slides, etc.) in a course are available for download. Just look for a module that shows the files within a course.

How long do I have to complete the courses?

You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines.

Are FCA courses officially accredited?

Yes, FCA is accredited by the CPD Standards Office® (CPD) to maintain training standards.

Are there any additional fees or costs?

None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.

What currency are your courses priced in?

All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.

How do I earn my certificates?

Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 60% passing grade.

How are the exams conducted?

Students are required to complete an online assessment (mostly multiple choice questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 60% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need.

Can I email the instructor if I have questions?

While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.

Will these courses help me advance my career?

Based on hundreds of reviews from thousands of students we know how the Financial Crime Academy’s courses have helped so many people advance their anti-financial crime, compliance, and risk management careers. Our courses are designed to teach in-demand skills and relevant background knowledge of subject matter expertise needed in practice.

More Questions?

Email us and we'll be happy to answer any of your questions.

15 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the Certified Anti-Financial Crime Professional (CFCP) program.

15 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the Certified Anti-Financial Crime Professional (CFCP) program.

Learn In-Demand Skills with On-Demand Courses

Gain the relevant skills and knowledge to ensure that you are supporting your firm and progressing your career.