Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk
10 months ago
20
Binance has announced the world’s first cryptocurrency triparty arrangement with a third-party banking partner, according to a press release put out by the crypto exchange Wednesday. Off-exchange collateral The agreement gives customers the option of keeping their collateral off-exchange with a third-party banking partner. “Counterparty risk has long been a concern of institutional investors across […]
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