Tbilisi, GEORGIA – ChainArgos General Counsel Patrick Tan participated as an expert trainer in a specialized two-day workshop organized by the Organization for Security and Co-operation in Europe (OSCE), focusing on anti-money laundering challenges within virtual asset supervision.

The intensive training brought together supervisors from the National Bank of Georgia alongside leading international experts to build practical expertise in blockchain transaction tracing, tokenization frameworks, and supervisory approaches for virtual asset service providers (VASPs).

Patrick joined Michal Gromek (Leading Virtual Asset Expert, OSCE; Chair, Digital Asset Task Force, Global Coalition to Fight Financial Crime) and Magdalena Wohlgemuth (AML policy maker specializing in SupTech for crypto markets) to deliver comprehensive training on the technical and regulatory aspects of effective VASP supervision.

The workshop emphasized the critical intersection of technical blockchain expertise and regulatory oversight. Patrick’s sessions focused on equipping supervisors with practical skills in blockchain transaction tracing using open-source tools including Etherscan, Tronscan, and other public blockchain explorers.

Understanding the capabilities and limitations of blockchain transaction tracing is no longer optional for modern financial regulators. As virtual assets continue to grow, supervisors need hands-on experience with the very tools that make crypto-assets more transparent than traditional finance

The training covered real-world scenarios, teaching participants how to review VASP transactions, trace on-chain activity, and identify potential compliance gaps—skills that directly translate to more effective day-to-day supervision.

A significant portion of the workshop addressed tokenization—one of the most rapidly evolving areas in digital finance. Patrick’s sessions on asset tokenization and stablecoins explored current frontiers, opportunities, and associated AML risks, drawing from European case studies and practical experience.

As jurisdictions worldwide grapple with appropriate regulatory frameworks for tokenized real-world assets and stablecoins, Georgia is positioning itself to be well-prepared. The training covered key concepts, risk assessment frameworks, and appropriate mitigation measures for these emerging asset classes.

What sets this training apart is its practical focus. Rather than theoretical policy discussions, participants worked through actual case studies, examined real transactions on blockchain explorers, and discussed implementation challenges specific to their supervisory context.

The pragmatic and engaged approach from Georgian supervisors was particularly noteworthy. They’re not merely drafting policies—they’re building deep technical expertise and asking sophisticated questions about implementation challenges.

This combination of regulatory authority and technical competence positions Georgia as an increasingly attractive jurisdiction for compliant virtual asset businesses seeking clear, knowledgeable supervision. The country recognizes that effective regulation requires understanding both legal frameworks and underlying blockchain technology.

The workshop complemented earlier OSCE initiatives, including sessions on Swedish and Austrian supervisory approaches, creating a comprehensive knowledge transfer that combines international best practices with practical, implementable solutions.

One of the key themes throughout the training was blockchain’s inherent transparency advantage. Unlike traditional financial systems where transaction trails can be obscured, virtual asset transactions leave permanent, immutable records.

When paired with appropriate blockchain intelligence tools and regulatory expertise, this transparency becomes a powerful advantage for AML supervision. However, realizing this advantage requires supervisors who understand how to effectively use transaction tracing tools and interpret on-chain data.

The training emphasized this practical reality: blockchain transparency is only as valuable as the expertise of those analyzing it. By building this technical capacity among supervisors, Georgia is strengthening its entire financial oversight framework.

The OSCE training represents an important model for regulatory capacity building in an era where digital assets are increasingly mainstream. International collaboration and knowledge sharing—bringing together experts from different jurisdictions with hands-on experience—creates stronger, more consistent supervision across borders.

ChainArgos is committed to supporting these capacity-building efforts. Effective regulation benefits the entire digital asset ecosystem, creating clearer rules for businesses while protecting financial systems from abuse.

We extend our gratitude to the OSCE, particularly Zurab Sanikidze and Umida Sharifbaeva for organizing this important training, and to our fellow experts Michal Gromek and Magdalena Wohlgemuth for their collaborative approach to strengthening virtual asset supervision.

As Patrick reflected following the training, Georgia is ready for the next generation of digital finance. The country’s investment in building supervisory expertise today will pay dividends as stablecoins, tokenization, and virtual assets continue their growth trajectory.