Binance, a globally acknowledged cryptocurrency change, has gained recognition from the Hong Kong Police Power. Richard Teng, the CEO of Binance, has just lately visited Mr. Raymond Lam Cheuk Ho, the Hong Kong Police Power’s Chief Superintendent of Cyber Safety and Expertise Crime Bureau (CSTCB). On this assembly, they exchanged opinions on an unlimited array of topics like cyber defence in crypto sector and so forth.
Grateful for the popularity from the Hong Kong Police Power!
At #Binance, we stay dedicated to supporting legislation enforcement and guaranteeing the security of the digital ecosystem.
Discover out extra 👉🏼 https://t.co/4kA1UygfD7 pic.twitter.com/JxjVsymtzE
— Binance (@binance) February 20, 2025
The Binance CEO affirmed their cooperation in opposition to the cyber and monetary crimes coping with digital belongings. Along with this, each the officers additionally mentioned the evolving nature of those crimes and the mutual methods to confront them.
Binance CEO and HKPF CSTCB Meet to Advance Methods to Deal with Monetary Crimes
Within the assembly between the Binance CEO and the HKPF’s CSTCB, they communicated about enhancements within the blockchain-based cyber protection. In addition they centered on methods to improve this issue with public-private collaboration. Moreover, additionally they shared the potential methods to extend the legislation enforcement organizations’ capability amid escalating development in crimes and threats.
Through the convention, Mr. Lam provided an appreciation letter together with a plaque. Therefore, he expressed gratitude for Binance’s long-standing dedication and help for legislation enforcement in Hong Kong. Within the respective letter, the Hong Kong Police Power appreciated Binance for its appreciable contribution to resolving sophisticated circumstances. It additionally acknowledged the crypto change’s endeavors to safeguard the trade’s integrity on a worldwide scale.
Binance Reaffirms Dedication to Enhance Digital Asset Safety and Ant-Crime Efforts
Binance has often collaborated with legislation enforcement organizations across the globe. On this respect, it has additionally offered its superior experience to strengthen cyber protection in addition to fortify digital asset safety. Binance’s proactive engagement takes under consideration its help in investigations, provision of significant intelligence, in addition to collaboration on crime prevention. With this, the crypto change has been fairly useful in fixing radical challenges other than contributing to creating long-term safeguards for the monetary sector.
As per Binance, this assembly emphasizes the platform’s standing as a number one participant within the general digital asset panorama. Moreover, it denotes a testomony to increasing recognition of integrating regulatory frameworks, legislation enforcement, and expertise to thrust back monetary crimes. These partnerships are crucial in an epoch the place there are steady developments in unique alternatives and challenges throughout the monetary world.
