On February 20, according to Hong Kong media East Net, Richard Teng, CEO of Binance, met with law enforcement agencies in Hong Kong in Hong Kong and discussed promoting bilateral cooperation to combat financial and cybercrime related to virtual assets. The issues discussed by both sides include expanding and strengthening cyber defense cooperation between the public and private sectors in the blockchain ecosystem, and continuously enhancing the capabilities of law enforcement agencies in the face of increasingly complex threats and advanced technology criminals.