Binance CEO Richard Teng meets with Taiwan 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 had a meeting with Prosecutor General Zhang Douhui. The two sides had a discussion on the prevention and control of virtual asset crimes, and explored opportunities for future cooperation in combating and preventing crimes.
Binance has assisted over 10 units in Taiwan with training. As part of the Binance global law enforcement training program, the Binance team has conducted virtual asset training courses with over a thousand law enforcement officers from more than 10 different units in Taiwan, and has received positive feedback.
Recently, Binance CEO Richard Teng, together with representatives from the Binance team, visited Taiwan’s High Prosecutors Office. They had an in-depth discussion with Prosecutor General Zhang Douhui on the prevention and control of virtual asset crimes. They hope to continue promoting cooperation in crime prevention and control issues of concern to society, and to strengthen the fight against illegal activities in order to safeguard the security of the financial environment.
Prosecutor General Zhang Douhui expressed his gratitude to Binance for its long-term support and assistance to law enforcement units in Taiwan. He especially appreciated the series of educational training programs that helped the High Prosecutors Office and other local prosecutors’ offices better understand virtual assets and how to deal with the challenges brought by this emerging technology. He looked forward to continuing to strengthen cooperation between law enforcement agencies and the industry, and to establish a closer joint defense mechanism to achieve the goal of safeguarding public safety and combating crimes.
Binance CEO Richard Teng stated that they were pleased to have representative cooperation with law enforcement units in Taiwan with the support of the High Prosecutors Office. When he took on the role of CEO, he made three commitments, one of which was to continue promoting cooperation with global regulatory agencies. The cooperation with law enforcement units in Taiwan is one of the concrete actions to fulfill this commitment, and it also represents Binance’s determination to continue promoting compliance.
Damien Ho, a member of the Binance Asia Pacific team, stated that at Binance, they are well aware of the crucial role of collaboration between the public and private sectors in preventing and combating illegal activities in Web3. In addition to actively conducting virtual asset training courses with law enforcement agencies, they also respond actively to law enforcement requests and share intelligence. In the future, they look forward to further deepening the cooperative relationship with law enforcement agencies in Taiwan and setting a new paradigm of public-private cooperation for the industry.
As part of the Binance global law enforcement training program, since announcing the launch of a touring training program throughout Taiwan last year, the Binance team has conducted virtual asset training courses with over a thousand law enforcement officers from over 10 different units in Taiwan, including the High Prosecutors Office, local prosecutors’ offices, and criminal investigation bureaus. They have received positive feedback from participants. Although virtual assets account for only a small portion of global financial crimes based on global data, Binance will continue to make efforts to safeguard user assets and build a safer and more trusted virtual asset ecosystem.
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