Binance\u2019s<\/a> latest plan comes amid increasing scrutiny from clients that are worried about the safety of their funds in the event of the platform\u2019s collapse. The bank deposit feature may help the crypto exchange regain some of the market share it lost this year. Crypto custody has become a major concern in light of the recent bankruptcies and scandals in the crypto industry. Nasdaq Inc, Bank of New York Mellon Corp., and Fidelity Investments are reportedly offering or building crypto custody solutions for institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"Binance is reportedly exploring a plan to allow some of its institutional clients to keep their trading collateral at a bank instead of storing it on the trading platform. <\/p>\n","protected":false},"author":62,"featured_media":582471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108073,17,2,26],"tags":[125,1119,108369,108056],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582469"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=582469"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582469\/revisions"}],"predecessor-version":[{"id":582472,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582469\/revisions\/582472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/582471"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=582469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=582469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=582469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}