Under-reserved exchanges: What’s being done about it?
The crypto collapses of 2022 made clear that financial statement audits alone provide neither sufficient transparency for regulators nor sufficient protection for customers. So, what is being done about it?
Texas Takes Proof of Reserves Bull by the Horns
Texas House of Representatives Passes Bill Requiring Proof of Reserves for Crypto Exchanges. What does this mean? What can companies do to plan for compliance in the nineth largest economy in the world and a state with the second largest GDP in the US?