• May 21, 2024

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Crypto.com Reserves Are Audited By International Audit Company

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Mazars, an international audit company, has released a report on the reserves of Crypto.com.

Mazars compared on December 7 the assets at addresses controlled by Crypto.com with customer balances. The funds of users are provided with the corresponding volumes of the asset.

Crypto.com CEO Kris Marszalek has said:

“Proof-of-Reserves is an important step for the entire industry to increase transparency and begin the process of restoring trust. Crypto.com is fully committed to providing customers around the world with a secure, secure and interoperable digital currency experience.”

Binance announced at the end of last month its own Proof-of-Reserves feature, which allows crypto owners to make sure that their funds on the platform are backed by the appropriate volumes of the asset.