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South Korea's FSC Weighs 99% Cold Wallet Mandate for Exchanges

COINOTAG·November 4, 2026·1 min read
South Korea's FSC Weighs 99% Cold Wallet Mandate for Exchanges

South Korea's FSC is discussing lifting the cold storage floor for crypto exchanges from 80% to 99% after the record $6.3 billion Binance hack. The proposed mandate aims to enhance security and protect user funds, potentially setting a new standard for exchange practices.

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