FINRA Launches Crypto and Blockchain Education Program for Member Firms

The Financial Industry Regulatory Authority (FINRA) has announced the launch of its Crypto and Blockchain Education Program, designed to support member firms as they navigate the complexities of crypto assets and blockchain technology. This initiative is part of FINRA's Financial Learning Experience (FLEX) platform and aims to provide comprehensive education on critical topics such as blockchain operations, crypto asset types, and the evolving crypto ecosystem. The program includes interactive learning modules, application-based activities, and self-assessment quizzes to facilitate a deeper understanding of the subject matter.

As firms increasingly engage with digital assets, compliance professionals are urged to participate in this educational initiative to better understand the associated risks, including common fraud schemes linked to crypto assets. The program covers essential considerations for firms with touchpoints to these technologies, ensuring that compliance teams are well-equipped to address potential vulnerabilities.

By fostering a robust understanding of crypto and blockchain, FINRA aims to empower member firms to enhance their compliance frameworks and effectively combat crypto-related fraud.