Binance, a leading blockchain ecosystem and the operator of the largest cryptocurrency exchange by trading volume, was recently recognized by the Singapore Police Force (SPF) for its proactive efforts in combating cyber threats. The appreciation award was presented to Binance during the annual Alliance of Public Private Cybercrime Stakeholders (APPACT) networking dinner, held on March 11, 2025. This award acknowledges the collaborative partnership between Binance and the SPF in enhancing cybersecurity measures and preventing cybercrime in Singapore.
The APPACT Appreciation Awards commend private sector organizations for their contributions to building capabilities and supporting the SPF CCC in detecting and combating cyber threats. Among the recipients of this prestigious award, which also included major tech companies like Google, Mastercard, Meta, Microsoft, and PayPal, Binance stood out for its dedication to cybersecurity and its efforts to collaborate with law enforcement agencies to create a safe digital environment for all.
At the dinner event, Mr. Zhang Weihan, Acting Deputy Commissioner and Director of the Criminal Investigation Department (CID) of SPF, recognized Binance and other private sector entities for their analytical and operational support in various cases handled by the Singapore Police Force. This acknowledgment highlights the crucial role that private sector companies play in addressing cybersecurity challenges and standing against emerging threats in the digital sphere.
Speaking on behalf of Binance, Akbar Akhtar, Head of Investigations for APAC, expressed gratitude for receiving the APPACT Appreciation Award and emphasized the importance of collaboration in enhancing security measures. He stated, “At Binance, we have always believed that effective security requires collaboration. That is why we are constantly looking for opportunities to directly engage with both law enforcement agencies and industry players to create a digital environment where everyone feels safe, comfortable, and protected.”
This recognition comes in the wake of Binance’s ongoing efforts to combat illicit activities and strengthen public-private partnerships globally. Earlier this month, Binance was also acknowledged by Thailand’s Central Investigation Bureau (CIB) for its contributions to Operation Cyber Guardian. Additionally, the Directorate of Cyber Crime of Indonesia recently honored Binance with an appreciation medal for its long-term support to the unit, reflecting the company’s commitment to promoting cybersecurity on a global scale.
In 2024, Binance responded to nearly 65,000 requests from law enforcement agencies across the world, demonstrating its dedication to supporting investigations and maintaining a secure digital ecosystem. Looking ahead, Binance remains steadfast in its commitment to working collaboratively with both public and private stakeholders to ensure the safety and security of the digital realm for all users.
For more information on Binance’s cybercrime prevention efforts and partnership with the Singapore Police Force, you can visit the original source at: https://www.prnewswire.com/news-releases/binance-honored-by-singapore-police-force-for-collaborative-cybercrime-prevention-efforts-302403707.html.
SOURCE: Binance