PANews reported on October 17th that regarding the suspected absconding of QMMM, the first DAT company, Zhao Changpeng stated on the X platform that all digital asset reserve (DAT) companies should use third-party cryptocurrency custodians with investor-audited accounts. This is a prerequisite for YZi Labs to invest in any BNB-related DAT companies. Earlier news, Caixin reported that Hong Kong's crypto treasury company QMMM has been suspended and its office is deserted .PANews reported on October 17th that regarding the suspected absconding of QMMM, the first DAT company, Zhao Changpeng stated on the X platform that all digital asset reserve (DAT) companies should use third-party cryptocurrency custodians with investor-audited accounts. This is a prerequisite for YZi Labs to invest in any BNB-related DAT companies. Earlier news, Caixin reported that Hong Kong's crypto treasury company QMMM has been suspended and its office is deserted .
Changpeng Zhao: All DAT companies should use third-party cryptocurrency custodians with investor-audited accounts
For feedback or concerns regarding this content, please contact us at [email protected]
PANews reported on October 17th that regarding the suspected absconding of QMMM, the first DAT company, Zhao Changpeng stated on the X platform that all digital asset reserve (DAT) companies should use third-party cryptocurrency custodians with investor-audited accounts. This is a prerequisite for YZi Labs to invest in any BNB-related DAT companies.
Earlier news, Caixin reported that Hong Kong's crypto treasury company QMMM has been suspended and its office is deserted .
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nasdaq Wants to Give New ETFs a Smoother Launch Day
The post Nasdaq Wants to Give New ETFs a Smoother Launch Day appeared on BitcoinEthereumNews.com. Nasdaq filed a rule change on April 7 to expand its Exchange-Traded
Share
BitcoinEthereumNews2026/04/09 04:44
US Treasury Rolls Out Draft Rule To Implement GENIUS Act Compliance Program
The US Treasury on Wednesday released a joint proposed rule from the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC
Share
Bitcoinist2026/04/09 04:42
Standard Chartered is Taking Over Full Crypto Custody Platform Zodia
The post Standard Chartered is Taking Over Full Crypto Custody Platform Zodia appeared on BitcoinEthereumNews.com. Standard Chartered is planning to reabsorb the
Share
BitcoinEthereumNews2026/04/09 04:14
