H.R. 9421: Crypto Exchange Disclosure Act
Dec 2, 2022
Pending Analysis
Crypto Exchange Disclosure Act
This bill requires cryptocurrency exchanges that hold customer assets to periodically disclose proof of reserves to the Securities and Exchange Commission. This includes the amount of assets held by the exchange compared to the liabilities of the exchange.
Current Status
This bill is currently in the legislative process and has not yet been passed into law.
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