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Binance Becomes Founding Member of Beacon Network, Aiding Real-Time Fight Against Crypto Crime
Summary: In a press release, Binance announced its membership as a founding member of the Beacon Network, joining the world's first real-time crypto crime response network. Developed by TRM Labs, the network collaborates with leading crypto industry firms and law enforcement agencies to prevent illegal funds from leaving the blockchain through real-time intelligence sharing and cooperation. ...
In a press release, Binance announced its membership as a founding member of the Beacon Network, joining the world's first real-time crypto crime response network. Developed by TRM Labs, the network collaborates with leading crypto industry firms and law enforcement agencies to prevent illegal funds from leaving the blockchain through real-time intelligence sharing and cooperation. As the world's largest cryptocurrency exchange platform, Binance's participation will strengthen the security of the crypto ecosystem and drive long-term growth and adoption of crypto assets. Binance's Global Chief Compliance Officer, Noah Perlman, stated: 'Blockchain has proven to be one of the most powerful tools in combating financial crime. Beacon Network further promotes collaboration between the public and private sectors to ensure we continue to reduce crime rates on the blockchain.'
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Link: Binance Becomes Founding Member of Beacon Network, Aiding Real-Time Fight Against Crypto Crime [Copy]
