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 cannot guarantee customer protection, as it only shows that a platform holds certain assets at a specific point in time and does not […] Read The Full Article Proof of Reserves Is Not Enough: Brazil Demands…