Crypto.news reports that South Korea's Financial Services Commission has ordered local cryptocurrency exchanges to increase their cold wallet holdings and bolster financial reserves. This directive follows the $6.3 billion hack of Binance that occurred on October 29. The measures aim to enhance security and protect investors in the wake of significant vulnerabilities exposed by the incident.
AI-assisted source briefing. Based on the crypto.news report; not independently verified.
Source published: Tue, 03 Nov 2026 13:52:55 +0000
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