Binance to Move $1B SAFU Fund Into Bitcoin Reserve Despite BTC Price Dip

Binance announced that it would convert its holdings in its Safe Secure Assets Funds for Users (SAFU) into its Bitcoin reserves. This comes as the BTC price remains in a downtrend. Binance Shifts SAFU Fund to Bitcoin Reserve The cryptocurrency exchange said in a blog post that it would convert the $1 billion SAFU fund

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