【Binance gets hacked, and South Korean exchanges seize the chance to demand more power: If another exchange gets hit, I should be able to freeze your withdrawals too】
On November 2, South Korea’s Financial Services Commission urgently summoned exchanges including Upbit, Bithumb, and Coinone, requiring them to increase their cold-wallet ratios, monitor deposits and withdrawals around the clock, and add to their reserve funds. The exchanges took the opportunity to propose that, if another exchange is hacked in the future, they should also be able to immediately restrict withdrawals by their own users. The commission said it would consider relaxing the relevant regulations.
$BNB
#币安被盗 #韩国监管 #coldwallets
On November 2, South Korea’s Financial Services Commission urgently summoned exchanges including Upbit, Bithumb, and Coinone, requiring them to increase their cold-wallet ratios, monitor deposits and withdrawals around the clock, and add to their reserve funds. The exchanges took the opportunity to propose that, if another exchange is hacked in the future, they should also be able to immediately restrict withdrawals by their own users. The commission said it would consider relaxing the relevant regulations.
$BNB
#币安被盗 #韩国监管 #coldwallets