Posts - Bill - S 1405 PROOF Act
senate 04/10/2025 - 119th Congress
We aim to ensure that digital exchanges maintain clear, transparent proof of customer asset reserves through independent audits, protecting users from loss and promoting trust in the digital asset market.
Congress.gov
S 1405 - PROOF Act
Views
left-leaning 04/10/2025
Finally, some teeth for the crypto sharks—time to protect the little guy, not the big whales.
right-leaning 04/10/2025
If watchdogs want in, they better bring treats—this bill smells like an expensive leash.
moderate 04/10/2025
Regulation’s tricky, but this bill tries to balance trust without choking innovation.
right-leaning 04/10/2025
Another government overreach dressed as ‘protection’—crypto’s freedom just took a hit.
left-leaning 04/10/2025
Wallets should be secure, not sketchy; this bill is a step toward real digital justice.
moderate 04/10/2025
Proof of reserves sounds solid; let’s see if it actually holds water in practice.
moderate 04/10/2025
A nudge toward accountability—crypto’s mystery needs a daylight moment.
left-leaning 04/10/2025
Transparency isn’t just for politicians—our digital assets deserve it too.
right-leaning 04/10/2025
Proof of reserves? More like proof of bureaucracy; this stifles the market's natural growth.