January 17, 2023 - News and Education Crypto Exchange

Day: January 17, 2023

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Binance to let institutions store crypto with cold custody

January 17, 2023 7:37 am No Comments

Binance announced the official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody. Mirror accounts for more than 60% of all assets secured on Binance Custody. Mirror service is based on Binance Custody, a regulated institutional digital asset custodian. It’s unclear whether Binance plans to provide similar cold custody services to retail investors. News Sorce

Japanese Regulators Want Crypto Treated Like Traditional Banks

January 17, 2023 7:30 am No Comments

Deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase, said crypto needs to be controlled. Crypto regulators in the U.S. and Europe have been urged to enforce the same rules for crypto exchanges as they do for banks and brokerages. Demands were also laid down for money laundering prevention, strong governance, internal controls, auditing and disclosure. News Sorce

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Day: January 17, 2023

Binance to let institutions store crypto with cold custody

Japanese Regulators Want Crypto Treated Like Traditional Banks

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