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Proof-of-Reserve

Coverage of Proof-of-Reserve in the Nexus archive.

Earliest in view: May 22 · 19:45 UTCMost recent: May 22 · 19:45 UTC

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POLITICSMay 22 · 19:45 UTCTHE BLOCK
New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
A new strategic bitcoin reserve bill has been introduced that reduces the purchase target from 1 million BTC while implementing a 20-year lockup period for government holdings. The bill includes requirements for quarterly public proof-of-reserve disclosures and third-party audits to ensure transparency and accountability of the bitcoin reserves.