Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg

Atmosphere (Shutterstock/CoinDesk)

Prime Brokers act as intermediaries between institutional investors and the market, offering services such as custody, trade execution, risk management, and lending with the aim of attracting institutional investors by providing a comprehensive end-to-end service model similar to their counterparts in traditional finance.

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