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…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Regulation
From the blog
Stolen XRP Totaling 233 Million Transferred Across Wallets
Cryptocurrency commentator Digital Asset Investor alerted followers that 233 million XRP stolen during the October 29 Binance hack was transferred…
Major XRP Price Surge Imminent, Analyst Predicts Based on Key Indicator
Analyst Ali Martinez predicts a major XRP price surge after Bollinger Bands reached their narrowest compression levels since August. Market…
Moscow Executes Significant XRP Transaction
Russia's upcoming cryptocurrency trading launch on the Moscow Exchange could unlock new institutional opportunities, while XRP already maintains an active…










