🚨 BREAKING: South Korea reportedly considers raising its cold storage minimum for exchanges to 99% after the Binance breach 🔐

Stronger offline custody could better protect customer funds, but smaller exchanges may struggle to process withdrawals quickly since cold wallets add approval steps.

My take: safer custody is overdue, but speed and liquidity need to keep pace. 🛡️

Should exchanges be required to keep almost everything offline? 🤔

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