Texas proof-of-reserve bill passes through the Senate![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/04649edc-92d0-488c-aa18-6243a32f07b8.jpg)
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”
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Texas proof-of-reserve bill passes through the SenateWould appreciate your opinion about this