According to official news, Binance has announced that it has become a founding member of the Beacon Network, joining the world's first real-time crypto crime response network. Developed by TRM Labs and working with crypto industry leaders and law enforcement agencies, the network aims to prevent illicit funds from leaving the blockchain through real-time intelligence sharing and collaboration. As the world's largest cryptocurrency exchange, Binance's participation will strengthen the security of the crypto ecosystem and drive the long-term growth and adoption of crypto assets.
Noah Perlman, global chief compliance officer at Binance, said: "Blockchain is proving to be one of the most powerful tools in the fight against financial crime. The Beacon Network further facilitates public-private collaboration to ensure we continue to reduce crime on blockchain."
Binance has become a founding member of the Beacon Network to help fight crypto crime in real time
2025-08-21 07:00:33
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