Following the Binance theft, South Korea’s financial watchdog is urgently reviewing the limits for its own cold wallets.
Around 11-02, the Financial Services Commission convened a meeting with Upbit, Bithumb, Coinone and others;
current law requires at least 80% of user assets to be held in cold wallets, and the meeting discussed whether to raise that threshold further.
Discussion at a meeting ≠ a change to the statutory requirement.
#监管 $BNB
Around 11-02, the Financial Services Commission convened a meeting with Upbit, Bithumb, Coinone and others;
current law requires at least 80% of user assets to be held in cold wallets, and the meeting discussed whether to raise that threshold further.
Discussion at a meeting ≠ a change to the statutory requirement.
#监管 $BNB
