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🔒 South Korea calls for enhanced cold storage measures for crypto exchanges. Following a recent hack of Binance, South Korean regulators are urging local exchanges to increase the percentage of customer funds held in cold wallets beyond the current requirement of 80%.
Why it matters: This move highlights the ongoing security concerns in the crypto space and the potential regulatory pressure on exchanges to safeguard customer assets.
#DeFi #Trading #Altcoin #CryptoTrading
Read the risk before you act. CryptoYaan.com
Educational, not financial advice.
🔒 South Korea calls for enhanced cold storage measures for crypto exchanges. Following a recent hack of Binance, South Korean regulators are urging local exchanges to increase the percentage of customer funds held in cold wallets beyond the current requirement of 80%.
Why it matters: This move highlights the ongoing security concerns in the crypto space and the potential regulatory pressure on exchanges to safeguard customer assets.
#DeFi #Trading #Altcoin #CryptoTrading
Read the risk before you act. CryptoYaan.com
Educational, not financial advice.