As part of our ongoing work to improve transparency, we’ve updated how Proof of Reserves (PoR) is presented across assets.
This update involves adjusting the scope of net account balances included under the PoR. The aim is to provide a more accurate representation of all Binance account balances, avoid confusion and help users better understand the essence of being 1:1 fully backed in Proof of Reserves.
We’ll continue to evolve our disclosures to stay accurate, transparent, and keep users SAFU.
Find out more 👉🏻 binance.com/en/support/announc...…