EU tightens cybersecurity rules: Crypto wallet services must report vulnerabilities within 24 hours

- Crypto wallet providers in the EU must send an early report about a vulnerability within 24 hours.
- A complete report must be submitted within 72 hours from the time it is exploited.
- Non-compliance could result in administrative fines up to USD 17.3 million.
- The regulation is part of the EU’s new cybersecurity code of conduct.

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Source: CoinTelegraph