3min chapter

Bankless cover image

10 Predictions for 2023 with Ryan & David

Bankless

CHAPTER

Cryptocurrency - Proof of Reserves

The way I feel right now at this point is if someone were to ping me on Telegram and just be like, Hey, what centralized exchanges do you recommend? Do you trust Kraken would be top of the list? And not because they're sponsors. We picked them as sponsors because they were on the top of our list. Take a big deep breath from there. All right. That's another big thing I think will be throughout 2023 is proof of reserves is going to get better. This is where regulators should demand this. If they want to do something helpful, just help a demand proof of reserves and audits on liabilities. Yes. Just raise the bar there. It's so simple.

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