Binance CEO Richard Teng meets with Taiwan's High Prosecutors Office to discuss prevention of virtual asset crimes.

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. Both sides exchanged views on the prevention of virtual asset crimes and discussed opportunities for future collaboration in combating and preventing crimes.

Binance Assists Over 10 Units in Taiwan with Training

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, with more than a thousand law enforcement personnel participating and receiving positive feedback.

Recently, Binance CEO Richard Teng, along with representatives from the Binance team, visited the Taiwan High Prosecutors Office (hereinafter referred to as the Taiwan High Prosecutors), and met with Chief Prosecutor Zhang Douhui to exchange ideas. The two parties engaged in in-depth discussions on the prevention of virtual asset crimes, aiming to further expand cooperation on crime prevention issues of interest to various sectors of society, to jointly strengthen the fight against illegal activities and maintain the security of the financial environment.

Chief Prosecutor: Thankful for Binance's Assistance

Chief Prosecutor Zhang Douhui expressed gratitude for "Binance's long-term support and assistance to Taiwanese law enforcement agencies, especially through a series of educational training programs to help prosecutors from the Taiwan High Prosecutors to local prosecutors better understand virtual assets and how to deal with the challenges brought by this emerging technology. We look forward to continuing to strengthen cooperation between law enforcement agencies and the industry, to establish a closer joint defense mechanism to achieve the goal of protecting people's safety and combating crime."

Binance CEO Richard Teng stated, "We are pleased to have representative cooperation with Taiwanese law enforcement agencies with the support of the Taiwan High Prosecutors. When I took on the role of CEO, I made three commitments, one of which is to continue promoting cooperation with global regulatory agencies. Our cooperation with Taiwanese law enforcement agencies is a concrete action to fulfill this commitment and also represents Binance's firm determination to promote compliance."

Binance's Asia-Pacific team member Damien Ho stated, "At Binance, we recognize the critical role that collaboration between the public and private sectors plays in preventing and combating illicit activities in Web3. Therefore, in addition to actively conducting virtual asset training courses with law enforcement agencies, we also respond actively to law enforcement requests and share intelligence. In the future, we look forward to further deepening our cooperation with Taiwanese law enforcement agencies, setting a new paradigm of public-private collaboration for the industry."

As part of Binance's global law enforcement training program, since announcing the launch of a touring training program in Taiwan last year, the Binance team has conducted virtual asset training courses with over 10 different units in Taiwan, including the Taiwan High Prosecutors, various local prosecutors' offices, and criminal investigation bureaus, with over a thousand law enforcement personnel participating. Positive feedback has been received from participants during this period. Despite virtual assets accounting for only a small percentage of global financial crime, Binance will continue its efforts to safeguard user assets and build a more secure and trustworthy virtual asset ecosystem.