🏦 binance is reportedly examining a proposal to enable traders to keep collateral at banks. Who could the company partner with? Read more here -
Binance is reportedly examining a proposal to offer its institutional clients the option to secure their collateral outside the crypto exchange in a bid to reduce counterparty risk.
Names of two potential intermediaries – Swiss-based FlowBank and Liechtenstein-based Bank Frick – have been mentioned, but details on further deliberations remained private. However, both financial institutions have refrained from commenting on the setup.
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