On February 20, according to a report by Hong Kong media, Richard Teng, CEO of virtual asset trading platform Binance, met with law enforcement in Hong Kong and discussed advancing bilateral cooperation to combat financial and cybercrime related to virtual assets. The topics discussed by the two sides include expanding and strengthening cyber defense cooperation between the public and private sectors in the blockchain ecosystem, and continuously strengthening the capabilities of law enforcement agencies in the face of increasingly sophisticated threats and sophisticated technology criminals.