Binance Partners with New Taipei Prosecutors to Bolster Global Fight Against Virtual Asset Crimes

The New Taipei District Prosecutors Office in Taiwan now works with Binance, a major centralized cryptocurrency exchange, to offer creative training to reduce virtual asset offences. On August 24, 2023, Binance made a significant step toward combating financial crime worldwide.

New Taipei Event Showcases Binance’s Global Best Practices in Investigations

The collaborative session included over 70 attendees, both in person and virtually. Attended were notable figures, including New Taipei District Prosecutor Yu Li-Chen. The attendees analyzed Binance’s global law enforcement and financial intelligence collaboration case studies. These case studies showed how these entities collaborated to fight financial crimes. The program also highlighted current criminal trends involving virtual assets.

Chief Public Prosecutor Yu Li-Chen stressed the need for law enforcement authorities to adapt to rapidly changing technology. The person expressed delight in the relationship with Binance. It will help prosecutors get blockchain and virtual asset data to protect people’s assets.

Damien Ho is a respected member of Binance’s Global Cooperation Team. He stressed the importance of public-private cooperation in user safety. The individual thanked the New Taipei District Prosecutors Office for the opportunity to share worldwide best practices to improve investigative processes.

Binance and Taiwanese law enforcement are organizing the second summer event in August. In June, Binance held workshops for Taiwan’s Criminal Investigation Bureau. These programs aim to help Taiwanese law enforcement comprehend digital assets and combat virtual asset crimes.

Binance Commends Taiwanese Law Enforcement for Virtual Asset Expertise

Binance praises Taiwanese police and prosecutors’ technical skills and firmness. The organization’s quick training sessions with two Taiwanese law enforcement agencies demonstrate its dedication to virtual asset business safety. Binance continues to promote information sharing and human resource development in Taiwan. Binance’s law enforcement training manager, Jarek Jakubcek, confirmed the company’s commitment to law enforcement collaboration.

Binance’s 2022 Global Law Enforcement Training Program (GLETP) is a pioneering initiative to support law enforcement organizations in fighting virtual asset finance and cybercrimes. In the first half of 2023, Binance held over sixty instructional lectures in classrooms and online worldwide. This high number of seminars shows a growing need for virtual asset expertise.