Regulators are more inclined to question market participants on the topic of self-custody of your keys and the reliance on custodians of assets vs someone self-custodying their assets.
Kennedy Jr. pointed out how after World War Two the U.S. had 50 years that economists called the ‘great prosperity’. It was a period during which the American middle class became the greatest economic engine in the history of mankind.
Can Proof of Reserves bring more transparency and accountability to digital assets? Earlier this year, the Texas House of Representatives passed a Bill requiring Proof of Reserves for crypto exchanges