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Binance Launches Proof-of-Reserve System for Bitcoin, Ethereum 'Coming in The Near Future'

From decrypt.co

Binance, the world’s largest crypto exchange by trading volume, released its proof-of-reserves (PoR) system today, which it said “is the next step in its “commitment to transparency and fostering trust in the ecosystem.” Per the official announcement, the launch of the PoR system initially starts with Bitcoin (BTC), with other tokens and networks to be added in the next couple of weeks. As part of our ongoing commitment to transparency, we have provided new updates on #Binance’s Proof of Reserves. Further updates for $ETH, $USDT, $USDC, #BUSD & #BNB will be coming in the near future. Stay tuned. “When we say ... (full story)

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