Binance has joined the Beacon Network as a founding member, enhancing efforts to combat crypto crime in real time. Developed by TRM Labs, the Beacon Network is the first of its kind, facilitating collaboration between leading crypto companies and law enforcement to prevent illicit funds from leaving the blockchain. Binance's involvement is expected to bolster the security of the crypto ecosystem and support the growth and adoption of digital assets. Noah Perlman, Binance’s Global Chief Compliance Officer, emphasized the role of blockchain in fighting financial crime and the importance of public-private collaboration through the Beacon Network.