Binance Bows to Pressure: Traders Get Choice to Safeguard Assets Elsewhere
Binance has agreed to let traders park their money elsewhere and still trade on its platform as US regulators’ crackdown and the collapse of FTX weigh heavy on investors’ hearts. Traders can now deposit their money with digital custodians such as Switzerland’s Flow Bank and Sygnum Bank to reduce counterparty risk, with the latter saying […