Binance's He Yi addressed community concerns regarding the source of Bitcoin purchased for the SAFU fund, clarifying that these transactions were conducted internally on the platform. This statement comes after Binance announced plans to gradually convert approximately $1 billion of the SAFU fund's stablecoin reserves into Bitcoin. The exchange encourages those interested to learn more about its operational processes.
Binance Clarifies SAFU Fund Bitcoin Purchases as Internal Transactions
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