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Reading: Binance Gets Recognition from Hong Kong Police, CEO Affirms to Combat Against Crimes in Crypto
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Your Crypto News Today > Exchange > Binance Gets Recognition from Hong Kong Police, CEO Affirms to Combat Against Crimes in Crypto
Exchange

Binance Gets Recognition from Hong Kong Police, CEO Affirms to Combat Against Crimes in Crypto

February 22, 2025 3 Min Read
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Binance Gets Recognition from Hong Kong Police, CEO Affirms to Combat Against Crimes in Crypto

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  • Binance CEO and HKPF CSTCB Meet to Advance Methods to Deal with Monetary Crimes
  • Binance Reaffirms Dedication to Enhance Digital Asset Safety and Ant-Crime Efforts

Binance, a globally acknowledged cryptocurrency trade, has gained recognition from the Hong Kong Police Pressure. Richard Teng, the CEO of Binance, has not too long ago visited Mr. Raymond Lam Cheuk Ho, the Hong Kong Police Pressure’s Chief Superintendent of Cyber Safety and Know-how 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 Pressure!

At #Binance, we stay dedicated to supporting legislation enforcement and making certain 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 towards the cyber and monetary crimes coping with digital property. 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. Additionally they centered on improve this issue with public-private collaboration. Moreover, additionally they shared the attainable methods to extend the legislation enforcement organizations’ capability amid escalating development in crimes and threats.

In the course of the convention, Mr. Lam supplied an appreciation letter together with a plaque. Therefore, he expressed gratitude for Binance’s long-standing dedication and assist for legislation enforcement in Hong Kong. Within the respective letter, the Hong Kong Police Pressure appreciated Binance for its appreciable contribution to resolving sophisticated circumstances. It additionally acknowledged the crypto trade’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 incessantly collaborated with legislation enforcement organizations across the globe. On this respect, it has additionally supplied its superior experience to strengthen cyber protection in addition to fortify digital asset safety. Binance’s proactive engagement takes into consideration its help in investigations, provision of significant intelligence, in addition to collaboration on crime prevention. With this, the crypto trade has been fairly useful in fixing radical challenges other than contributing to growing 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 beat back monetary crimes. These partnerships are vital in an epoch the place there are steady developments in unique alternatives and challenges throughout the monetary world.

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