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Proof of Reserves Is Not Enough: Brazil Demands Crypto Security Proof

Covered by 1 source · 1 article

Brazil’s Central Bank (BCB) has established a strict regulatory regime for Virtual Asset Service Providers (VASPs/SPSAVs), requiring security checks, asset segregation and daily tracking alongside Proof of Reserves (PoR). However, PoR alone…

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Proof of Reserves Is Not Enough: Brazil Demands Crypto Security Proof
CoinEdition 7h ago

Proof of Reserves Is Not Enough: Brazil Demands Crypto Security Proof

Brazil’s Central Bank (BCB) has established a strict regulatory regime for Virtual Asset Service Providers (VASPs/SPSAVs), requiring security checks, asset segregation and daily tracking alongside Proof of Reserves (PoR). However, PoR alone…