H.R. 9421 · 117th Congress

Crypto Exchange Disclosure Act

Stage
In committee
Introduced
2022-12-02
Latest action
2022-12-02 · Introduced in House

Summary

Crypto Exchange Disclosure Act

This bill requires cryptocurrency exchanges that hold customer assets to periodically disclose proof of reserves to the Securities and Exchange Commission. This includes the amount of assets held by the exchange compared to the liabilities of the exchange.