South Korea urges exchanges to strengthen cold wallet security following Binance hack
- South Korea is urging exchanges to strengthen the storage of assets in cold wallets.
- Exchanges are already required to keep at least 80% of customer funds in cold wallets.
- Regulators want to raise this percentage further to ensure security.
- The move follows a major hack at Binance.
#BinanceSquare #CryptoNews #BTC #BNB #ColdWallet
$btc $bnb
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Source: CoinTelegraph
- South Korea is urging exchanges to strengthen the storage of assets in cold wallets.
- Exchanges are already required to keep at least 80% of customer funds in cold wallets.
- Regulators want to raise this percentage further to ensure security.
- The move follows a major hack at Binance.
#BinanceSquare #CryptoNews #BTC #BNB #ColdWallet
$btc $bnb
vlikevn Titanbot
Source: CoinTelegraph