On March 22nd, Binance CEO Richard Teng led the Binance global team to visit Taiwan’s High Prosecutors Office and met with Chief Prosecutor Zhang Douhui. The two sides engaged in discussions on the prevention and control of virtual asset crimes, as well as explored opportunities for future cooperation in crime prevention and law enforcement.
As part of Binance’s global law enforcement training program, the Binance team has conducted virtual asset training courses with over 10 different units in Taiwan, involving more than a thousand law enforcement personnel. The training program has received positive feedback.
Recently, Binance CEO Richard Teng, together with representatives from the Binance team, visited the Taiwan High Prosecutors Office for in-depth discussions with Chief Prosecutor Zhang Douhui on the prevention and control of virtual asset crimes. Both sides expressed their hopes to further expand cooperation in addressing crime prevention issues, strengthen efforts to combat illegal activities, and maintain the security of the financial environment.
Chief Prosecutor Zhang Douhui expressed gratitude for Binance’s long-term support and assistance to Taiwan’s law enforcement agencies. He specifically mentioned that Binance’s education and training have helped prosecutors at various levels better understand virtual assets and how to respond to the challenges brought by this emerging technology. He further emphasized the importance of strengthening cooperation between law enforcement agencies and the industry to establish a closer joint defense mechanism and achieve the goal of safeguarding public safety and combating crimes.
Binance CEO Richard Teng stated that he is pleased to have representative cooperation with Taiwan’s law enforcement agencies with the support of the Taiwan High Prosecutors Office. He mentioned that one of his commitments as CEO is to continue promoting cooperation with global regulatory agencies, and the cooperation with Taiwan’s law enforcement agencies is one of the concrete actions to fulfill this commitment. It also represents Binance’s determination to continue promoting compliance.
Damien Ho, a member of Binance’s Asia-Pacific regional team, acknowledged the crucial role of collaboration between the public and private sectors in preventing and combating illegal activities in the Web3 space. He mentioned that in addition to actively conducting virtual asset training courses with law enforcement agencies, Binance also responds to enforcement requests and shares intelligence with them. He expressed the expectation of further deepening the cooperation with Taiwan’s law enforcement agencies and setting a new paradigm of public-private collaboration for the industry.
As part of Binance’s global law enforcement training program, since announcing the start of a touring training program across Taiwan last year, the Binance team has conducted virtual asset training courses with over 10 different units, including the Taiwan High Prosecutors Office, local prosecutors’ offices, and the Criminal Investigation Bureau. Over a thousand law enforcement personnel have participated, and positive feedback has been received. Despite virtual assets accounting for a small portion of global financial crimes, Binance will continue to make efforts to protect user assets and build a safer and more trustworthy virtual asset ecosystem.
Binance