BTCC Exchange Announces Proof of Reserves in April 2025, Demonstrating Powerful 161% Asset Backing for Security

BTCC Exchange Announces Proof of Reserves in April 2025, Demonstrating Powerful 161% Asset Backing for Security

VILNIUS, Lithuania, May 13, 2025 (GLOBE NEWSWIRE) -- BTCC, the world's longest-serving cryptocurrency exchange, has recently released its Proof of Reserves (PoR) report for April 2025, demonstrating a robust 161% total reserve ratio. This step marks a significant advancement in…

Why all VASPs in India should be required to maintain Proof of Reserves

In recent years, the credibility of crypto exchanges has come under intense scrutiny, especially following high-profile collapses like FTX. These events highlighted the urgent need for greater transparency within the virtual asset ecosystem. In India, where millions have embraced crypto despite the absence of a regulatory framework, the stakes are even higher. One method gaining global acceptance to rebuild trust is Proof of Reserves (PoR)—a sys…

BTCC Exchange Announces Proof of Reserves in April 2025, Demonstrating Powerful 161% Asset Backing

[PRESS RELEASE – VILNIUS, Lithuania, May 13th, 2025] BTCC, the world’s longest-serving cryptocurrency exchange, has recently released its Proof of Reserves (PoR) report for April 2025, demonstrating a robust 161% total reserve ratio. This step marks a significant advancement in BTCC’s commitment to transparency and security of user funds. The PoR report dated April 15, 2025 reveals that BTCC maintains reserves well above the 100% threshold acros…