Senators reintroduce PROOF Act to ban crypto fund co-mingling

senators-reintroduce-proof-act-to-ban-crypto-fund-co-mingling
Senators reintroduce PROOF Act to ban crypto fund co-mingling

U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act. This act is a bipartisan bill designed to prevent crypto custodians from co-mingling customer assets with company funds and to strengthen reserve transparency requirements.…

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