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 crypto.news@mexc.com
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 crypto.news@mexc.com 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
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
Can hyperliquid onchain and Bitget Wallet bring Wall Street markets to DeFi?
Hyperliquid onchain integration with Bitget Wallet extends 24/7 access to macro markets and RWAs in a self-custodial app for traders.
Share
The Cryptonomist2026/04/02 18:27
