Binance Acknowledged by Hong Kong Police Force

Binance, a globally recognized cryptocurrency exchange, has gained recognition from the Hong Kong Police Force (HKPF). Richard Teng, the CEO of Binance, recently met with Mr. Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security and Technology Crime Bureau (CSTCB). During their meeting, they exchanged insights on various subjects, including cyber defense in the crypto sector.

> Grateful for the recognition from the Hong Kong Police Force!
> At #Binance, we remain committed to supporting law enforcement and ensuring the safety of the digital ecosystem.
> Find out more 👉🏼 Read more
> — Binance (@binance) February 20, 2025

The Binance CEO highlighted the firm’s cooperation to combat cyber and financial crimes related to virtual assets. The discussion also focused on the evolving nature of these crimes and strategies for mutual confrontation.

Meeting Highlights: Advancing Strategies Against Financial Crimes

In the meeting, the Binance CEO and HKPF’s CSTCB discussed improvements in blockchain-based cyber defense and the importance of public-private collaboration. They also explored strategies to enhance law enforcement’s capacity amidst evolving crimes and threats.

Mr. Lam presented an appreciation letter along with a plaque, expressing gratitude for Binance’s consistent support for law enforcement in Hong Kong. The letter commended Binance for its significant contributions to resolving complex cases and protecting the integrity of the crypto sector globally.

Commitment to Enhance Digital Asset Protection and Crime Prevention

Binance has a history of collaboration with law enforcement worldwide, offering advanced expertise to bolster cyber defense and digital asset protection. Their proactive engagement includes support for investigations, provision of vital intelligence, and collaboration on crime prevention, aiding in solving significant challenges and developing long-term financial safeguards.

According to Binance, this meeting underscores the platform’s status as a leading player in the digital asset landscape and highlights the importance of integrating regulatory frameworks, law enforcement, and technology to combat financial crimes. Partnerships like these are essential amidst continuous advancements in opportunities and challenges across the financial sector.