Texas just passed a new bill. That requires crypto exchanges to show Proof Of Reserves by the Texas House of Representatives.has passed the billon thursday This is an important step in transparency between the exchange and its users.
New draft law requires digital asset service providers Reports must be filed with the Texas Department of Banking by 90 days after the end of the fiscal year.
In addition, clients are required to view quarterly accounts of digital assets. as well as the customer’s digital assets at any time.
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