Insurance reviews for crypto asset companies to be tightened following Binance outflow, Reuters (NADA NEWS)

The story

Following the theft from Binance of crypto assets worth approximately ¥1 trillion, insurance underwriting reviews for crypto asset companies are expected to become more rigorous.

The tightening of insurance reviews is reportedly attracting attention as a development to watch.

At a glance

ExchangeA theft from Binance (バイナンス) has been reported.

OutflowsIt is alleged that crypto assets worth approximately ¥1 trillion were stolen.

ImpactInsurance underwriting reviews for crypto asset companies are expected to become more rigorous, according to reports.

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