Binance Teams Up with Macau Police in Anti-Scam Campaign
CryptoNewsTerminal Staff19 Aug, 2024
Binance Teams Up with Macau Police in Anti-Scam Campaign
Binance, the world's leading cryptocurrency exchange, has joined forces with the Judiciary Police of Macau in an effort to combat scams and protect users. Through this partnership, Binance users in Macau will receive tailored anti-fraud messages from the Judiciary Police whenever they withdraw assets from the platform. The collaboration aims to raise awareness about the growing problem of scams, particularly in the cryptocurrency space. According to the Judiciary Police, over MOP 310 million (US$38.6 million) was lost to telecommunications and online scams in Macau last year. By working together, Binance and the Judiciary Police aim to equip users with the knowledge and tools they need to identify and avoid scams. Binance's commitment to user protection and the Judiciary Police's expertise in combating fraud create a formidable alliance against malicious actors. This partnership is part of Binance's ongoing efforts to enhance user safety and foster a secure and trustworthy cryptocurrency ecosystem.
