✔ VERIFIED First reported by Blockonomi · Nov 3, 11:13 UTC · updated Nov 3, 13:52 UTC
South Korea demands stronger crypto safeguards following Binance hack
South Korea’s Financial Services Commission has directed domestic cryptocurrency exchanges to hold more assets in cold wallets and strengthen their financial reserves following the $6.3 billion…
Common to all reports: South Korea · Binance
Confirmed by 2 sources
- Blockonomi (crypto newsroom · International) · Nov 3, 11:13 UTC · read at the source
- Crypto.news (crypto newsroom · International) · Nov 3, 13:52 UTC · read at the source
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Tags: Regulation, Hack/Exploit, Security
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