U.S. Senators Launch Bipartisan Proof-of-Reserves Bill
Two U.S. senators, one from the Republican party and the other from the Democratic party, have put forward a new bill aimed at preventing a situation similar to the FTX collapse. This bill is called the PROOF Act, short for Proving Reserves of Others Funds. Senators Thom Tillis from North Carolina and John Hickenlooper from … Read more