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After Historic Binance Hack, South Korea Considers 99% Cold Wallet Rule for Crypto Exchanges

CryptoPotato·November 4, 2026·1 min read
After Historic Binance Hack, South Korea Considers 99% Cold Wallet Rule for Crypto Exchanges

Following the historic Binance hack, South Korea is considering a 99% cold wallet rule for crypto exchanges. The rule could better protect customer assets from hackers, but smaller exchanges may struggle to process withdrawals quickly, potentially impacting liquidity and user experience.

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