Following the collapse of the FTX, Binance’s CEO Changpeng Zhao prompt that each one exchanges ought to present Merkle-tree of Binance initiating the motion, it has not included its liabilities in its exchanges with solely proof of reservesBinance…
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Exchanges
Crypto exchanges to publish ‘proof-of-reserves’ following FTX’s implosion
by Jeremyby JeremyBinance CEO Changpeng Zhao suggested that crypto exchanges ought to do a Merkle-tree In keeping with him, whereas conventional monetary establishments like banks can run on fractional reserves, crypto exchanges crypto exchanges ought to do merkle-tree run…
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Blockchain
International Standard Setters Publish Guidance on Stablecoin Regulations
by Jeremyby JeremyThe guidelines from the international organization of securities regulators and BIS’ global payments group set…