![crypto.com proof of reserves](https://www.bitcoinsensus.com/wp-content/uploads/2022/11/proof-of-reserves-por-details-and-how-it-improves-crypto-transparency-1200x675.jpg)
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Similar to Binance, Mazars compared of major assets on Crypto on Crypto.
Similar to Binance, Mazars compared of major assets on Crypto on Crypto.
It also will become important as regulators look to set industry standards to protect consumers, as proof of reserves is a secure and transparent way to ensure that customer funds are safe. While there is no current regulation requiring proof of reserves, this may be coming soon, especially in light of many crypto companies failing due to liquidity issues in Mon - Wed, March 18 - 20, A third-party audit gives consumers confidence that the crypto company they are using has sufficient liquidity to handle day-to-day operations, and more importantly, customer withdrawals. Breaking headlines across our core coverage categories.
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