04-12-2025, 05:57 PM
News 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.…
https://crypto.news/senators-reintroduce...-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.…
https://crypto.news/senators-reintroduce...-mingling/