11-10-2022, 09:50 AM
Crypto.com to publish audited proof of reserves as a confidence building measure
<!-- SC_OFF --><div class="md"><p>Finally, a transparency move - See CDC CEO twitter feed (@kris) as of an hour ago. Retyped below:</p> <hr/> <p>'We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and crypto.com will be publishing our audited proof of reserves'</p> <p>'This is a critical moment for the entire industry. Transparency is more important than ever, and safety and security of users and funds remains the priority. It requires full and collective commitment.'</p> <h2>'Restoring trust in our category will take time, but it's incumbent on us to send a strong message to the world that there are trustworthy crypto platforms.'</h2> <p>Applause from me on it anyway.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Shiratori-3"> /u/Shiratori-3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yr2pfe/cryptocom_to_publish_audited_proof_of_reserves_as/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yr2pfe/cryptocom_to_publish_audited_proof_of_reserves_as/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Finally, a transparency move - See CDC CEO twitter feed (@kris) as of an hour ago. Retyped below:</p> <hr/> <p>'We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and crypto.com will be publishing our audited proof of reserves'</p> <p>'This is a critical moment for the entire industry. Transparency is more important than ever, and safety and security of users and funds remains the priority. It requires full and collective commitment.'</p> <h2>'Restoring trust in our category will take time, but it's incumbent on us to send a strong message to the world that there are trustworthy crypto platforms.'</h2> <p>Applause from me on it anyway.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Shiratori-3"> /u/Shiratori-3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yr2pfe/cryptocom_to_publish_audited_proof_of_reserves_as/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yr2pfe/cryptocom_to_publish_audited_proof_of_reserves_as/">[comments]</a></span>