Great news! BNB has good news! After deliberation, the court formally approved BAM's motion. The key contents are as follows:
Investment advisor employment: Binance is allowed to hire a third-party investment advisor to manage its corporate assets, but the premise is that the third party is not a Binance entity and all related expenses must be clearly listed in the monthly report.
Customer fund investment: It is allowed to invest customer funds in U.S. Treasury bonds, but it must be ensured that there is no third party (including Binance entities) involved in the entire investment process, and sufficient funds are always maintained to meet customer withdrawal needs.
Asset custody and transfer: It is required to custody and transfer assets to non-affiliated third-party custodians located in the United States to ensure that these assets are not controlled by Binance entities.
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