TechFlow reported, according to CoinDesk, that Binance, Binance.US, and the U.S. Securities and Exchange Commission (SEC) have reached an agreement aimed at ensuring only Binance.US employees can access customer funds later this Friday.
The proposed agreement is currently awaiting supervisory approval and signature from a federal judge. Binance.US will take measures to ensure that no Binance personnel can access private keys to its wallets, hardware wallets, or root access to Amazon Web Services tools.
In addition, Binance.US will share detailed information about its business expenses in the coming weeks, including estimated costs.
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