Binance and Taiwan’s High Prosecutors Office Discuss Expanding Cooperation in Combating Crime

  • March 25, 2024
Richard Teng, the CEO of Binance, led a delegation from Binance that met with Chief Prosecutor Chang, Tou-Hui of Taiwan's High Prosecutor's Office on March 22. The parties engaged in profound discussions, specifically centered around crime prevention in the digital assets space and potential expansion of collaboration in this area. A track record of successful cooperation already exists between Binance and Taiwan's law enforcement agencies. As part of its comprehensive global law enforcement training program, Binance has so far rolled out training courses to over 10 various units across Taiwan, having in excess of 1,000 law enforcement officers participate. During this meeting, both Binance representatives and Taiwanese officials considered methodologies to further deepen cooperation combating illegal activities to maintain the integrity of the financial environment. Binance CEO, Richard Teng, emphasized one of his top three commitments, endured since his appointment to the role, was to perpetually work alongside regulators. He showed appreciation towards Taiwan's law enforcement agencies for their substantial support and emphasized his fulfillment of that commitment. In response to the meeting, Chief Prosecutor Chang, Tou-Hui expressed gratitude towards Binance for their ongoing support and assistance towards Taiwan's law enforcement agencies. Damien Ho, a member of Binance's APAC regional team, underscored the primary role of collaboration between the public and private sectors in preventing and battling illicit activities in Web3. Ho expressed his optimistic outlook towards fortifying cooperation with Taiwan's law enforcement agencies in the future. Binance remains committed to not only continuing its contributions to secure user assets but also to establish a safer and more dependable virtual assets ecosystem.