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South Korean Regulator Demands Tighter Cold-Wallet Controls for Crypto Firms

News.Bitcoin.com
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South Korean Regulator Demands Tighter Cold-Wallet Controls for Crypto Firms

South Korean financial regulators have called for increased cold wallet storage and tighter internal access controls just days after hackers siphoned $6.3 billion in digital assets from Binance. South Korea Orders Security Review Following Binance Hack South Korean financial regulators have urged domestic cryptocurrency exchanges to strengthen their security protocols and increase the proportion of […]

Key Takeaways

  1. South Korean financial regulators have called for increased cold wallet storage and tighter internal access controls just days after hackers siphoned $6.3 billion in digital assets from Binance.
  2. South Korea Orders Security Review Following Binance Hack South Korean financial regulators have urged domestic cryptocurrency exchanges to strengthen their security protocols and increase the proportion of […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.