# South Korea orders sweeping crypto wallet lockdown after Binance hack

https://mins.news/en/item/128714

- CryptoSlate, 2026-11-04 08:20 UTC
- Economy
- Original: https://cryptoslate.com/south-korea-orders-massive-crypto-wallet-lockdown-following-the-binance-hack/

> South Korea’s Financial Services Commission called for tighter transfer monitoring, more response staff and stronger reserves. How exchanges will implement the measures, and whether a new custody threshold will be introduced, remain unclear.

## Related coverage

- [South Korea needs a ‘cybersecurity czar’ after $6.3 billion Binance hack, president says](https://mins.news/en/item/127507) — CoinDesk, 2026-11-03
- [South Korea urges tighter crypto security after $6.3 billion Binance heist](https://mins.news/en/video/125494) — CNA, 2026-11-02
