Binance announced its participation in a key forum hosted by the World Economic Forum and INTERPOL Cybercrime Directorate to discuss public-private collaboration in addressing cybercrime. The announcement was made on X on March 4.
According to Binance's official X page, the company was invited to speak at a forum focusing on public-private collaboration to combat cybercrime. This event underscores the importance of joint efforts between industry leaders and law enforcement agencies to address the escalating threat of cybercrime. The World Economic Forum has been actively promoting frameworks to support such collaborations, aiming to disrupt cybercriminal activities effectively.
As reported by the Laotian Times, Binance co-hosted the APAC Regional Law Enforcement Day in Bangkok, Thailand, bringing together over 120 participants from various organizations, including law enforcement agencies from Thailand, Taiwan, Indonesia, Mongolia, Malaysia, Singapore, and Australia. The full-day training session featured investigations experts from Binance, leading blockchain intelligence platforms, and representatives from law enforcement agencies sharing their experiences and best practices in addressing complex cases involving digital assets. This initiative underscores Binance's commitment to enhancing crypto crime investigation capabilities and fostering a safer digital ecosystem.
Founded in 2017 by Changpeng Zhao, Binance has become the largest cryptocurrency exchange by trading volume. It holds regulatory approval in 21 global markets—more than any other crypto exchange. The company operates under multiple financial licenses, including those from Brazil’s Central Bank, Dubai’s Virtual Assets Regulatory Authority, and France’s Financial Markets Authority. To strengthen compliance, Binance has made investments in anti-money laundering (AML) and know-your-customer (KYC) initiatives, integrating advanced transaction monitoring systems and collaborating with blockchain analytics firms to enhance security and regulatory adherence.