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South Korea's FSC Orders Cold Wallet Raise After $6.3B Binance Hot Wallet Hack

South Korea's FSC Orders Cold Wallet Raise After $6.3B Binance Hot Wallet Hack

Photo: Coinotag

South Korea's Financial Services Commission (FSC) convened an emergency review on Monday, November 2, and ordered domestic virtual asset operators to raise cold wallet ratios and add to reserves in the wake of the Binance hot wallet breach.

Source: Coinotag

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