Coinbase CEO Says No to Proof of Reserves

In simple terms, proof of reserves is when a company shows that it holds enough assets to back up what customers have stored with them. Armstrong explained that Coinbase follows other methods to ensure its clients’ funds are safe. So, proof of reserves is not something they plan to do. What Armstrong Had to Say […] source: https://www.altcoinbuzz.io/cryptocurrency-news/coinbase-ceo-says-no-to-proof-of-reserves/