Binance to convert $1B SAFU reserves into Bitcoin within 30 days

The shift will take Binance’s insurance-style fund out of US dollar-pegged assets and into Bitcoin within 30 days, raising questions about user protection.
Source: Binance to convert $1B SAFU reserves into Bitcoin within 30 days (https://cointelegraph.com/news/binance-to-convert-1-billion-safu-fund-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)