币安瑞士
1,571 views
1 Discussing
Hot
Latest
See original
Binance expands cryptocurrency custody scope through alliance with Swiss bank
According to the Financial Times, Binance, the world’s largest cryptocurrency exchange by trading volume, has formed a strategic partnership with Swiss banking institutions to alleviate growing concerns about counterparty risks in the crypto industry.
This follows regulatory fines imposed on Binance by U.S. authorities in 2023. As part of the partnership, Binance allows “traders of larger assets” to store their assets with independent banks, including Switzerland’s Sygnum Bank and Flow Bank, as well as existing custodian Ceffu.
Binance Addresses Counterparty Risk
This follows regulatory fines imposed on Binance by U.S. authorities in 2023. As part of the partnership, Binance allows “traders of larger assets” to store their assets with independent banks, including Switzerland’s Sygnum Bank and Flow Bank, as well as existing custodian Ceffu.
Binance Addresses Counterparty Risk
Login to explore more contents