Binance allowing larger traders to hold funds at Sygnum Bank a | Crypto World ICOs

Binance allowing larger traders to hold funds at Sygnum Bank and FlowBank: FT

Crypto exchange Binance has reportedly begun allowing its larger traders to hold their assets at independent banks. In November, Binance announced a pilot banking triparty agreement with a third-party banking partner without naming the bank. That followed an earlier report from Bloomberg in May that the Swiss-based FlowBank and Liechtenstein-based Bank Frick were being explored as potential intermediaries for such a service.

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