# South Korea Requires Crypto Exchanges to Keep at Least 80% in Cold Wallets

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/46096
Published: 2026-11-02T03:10:57.000Z
Updated: 2026-11-02T03:10:57.000Z
Section: Regulation

> The Nov. 2 meeting cited the Binance attack as a security example. Upbit’s ratio was above 99%, while DigitalX and Gopax were a little above 80%.

South Korea’s Financial Services Commission (FSC) required domestic crypto exchanges to store at least 80% of users’ crypto assets in cold wallets at its Nov. 2 meeting on hacking defenses and asset protection.

The meeting also considered increasing cold-storage ratios and cited the Binance attack as a security example.

Upbit’s cold-storage ratio was above 99%, while Bithumb’s was about 94% and Coinone’s was about 85%. DigitalX and Gopax were each a little above 80%, near the minimum set by the commission.