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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 Binance hack on October 29. According to a November 2 report by ChosunBiz, the…
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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 Binance hack on October 29. According to a November 2 report by ChosunBiz, the…
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