針對加密行業風險的證明行為，專注於客戶資金的安全處理和開放性

在FTX失敗之後，美國參議員Thom Tillis和John Hickenlooper重新引入了證明法案。該法案針對加密行業的風險

Following the high-profile failure of FTX, which involved the mixing of customer and company funds, Senators Thom Tillis and John Hickenlooper have once again introduced the ‘Proving Reserves of Other Peoples’ Funds (PROOF) Act.’

在FTX備受矚目的失敗之後，涉及客戶和公司資金的混合，參議員Thom Tillis和John Hickenlooper再次引入了“證明其他人的資金（證明）法案”的“證明儲備”。

This legislation, which was initially unveiled in 2023, aims to mitigate specific risks within the cryptocurrency industry by focusing on the safe handling of customer money and promoting openness with investors.

該立法最初於2023年揭幕，旨在通過專注於安全處理客戶貨幣並促進投資者開放性來減輕加密貨幣行業的特定風險。

The PROOF Act, which was first introduced by @SenThomTillis and @SenatorHick in 2023, would ban crypto custodians from co-mingling customer funds and require them to comply with monthly reserve inspections.

該證明法案是由@SenthomTillis和@SenatorHick於2023年首次提出的，該法案將禁止加密保管人共同匯總客戶資金，並要求他們遵守每月的儲備檢查。

The bill is designed to help prevent another FTX situation.

該法案旨在幫助防止另一種FTX情況。

What Does the PROOF Act Require? No Fund Mixing, Monthly Reserve Checks

證明法需要什麼？沒有資金混合，每月儲備金

The PROOF Act sets out to establish clear regulations for digital asset institutions in managing customer funds. A key focus is on the co-mingling of customer funds with institutional or proprietary assets.

《證明法案》旨在為管理客戶資金制定清晰的數字資產機構規定。一個重點是將客戶資金與機構或專有資產共同建立。

This practice, which was a factor in FTX’s failure, used to allow crypto firms to misuse customer deposits for their own purposes, posing significant risks to investors. By forbidding this practice and placing the onus on institutions to comply with monthly Proof of Reserves (PoR) inspections, the bill aims to create a safer investing climate.

這種做法是FTX失敗的一個因素，用於允許加密公司濫用客戶存款出於自己的目的，對投資者構成了重大風險。通過禁止這種做法，並將責任放在機構上，以遵守每月的儲備證明（POR）檢查，該法案旨在創造一種更安全的投資氣候。

These audits will be conducted by independent auditors, who will also be tasked with confirming the results and submitting them to the US Treasury for subsequent public release. This will make it easier for investors to verify that exchanges and custodians have the necessary assets to meet their obligations.

這些審核將由獨立審計師進行，他們還將負責確認結果並將其提交給美國財政部以進行隨後的公開發布。這將使投資者更容易驗證交易所和保管人有必要的資產來履行其義務。

Institutions found in violation of these regulations will face administrative fines, with penalties increasing for repeat offenders.

發現違反這些法規的機構將面臨行政罰款，對反复犯罪者的處罰增加。

How PoR Contributes to Safer Customer Funds

POR如何為更安全的客戶資金做出貢獻

Proof of Reserves, a technology used in crypto to ensure transparency in a firm’s financial standing, is at the heart of this legislation.

這項立法的核心是儲備證明，這是一項用於確保公司財務狀況透明的技術。

It leverages crypto’s capabilities to allow exchanges and custodians to demonstrate that they hold sufficient assets to cover the balances reported in their customers’ accounts.

它利用加密貨幣的能力使交易所和託管人證明他們持有足夠的資產來涵蓋客戶帳戶中報告的餘額。

This can be achieved through various methods, including Merkle trees or zero-knowledge proofs, which are already employed in the crypto industry for different use cases. The PROOF Act aims to standardize these procedures and ensure the audits are conducted by credible third parties, ultimately enhancing the reliability of the information being provided.

這可以通過各種方法，包括默克樹或零知識證明，這些方法已經在加密貨幣行業用於不同用例。 《證明法》旨在標準化這些程序，並確保可靠的第三方進行審核，最終提高所提供信息的可靠性。

Can Mandatory PoR Audits and Clear Rules Build Crypto Investor Trust?

強制性的POR審核和明確的規則可以建立加密投資者信任嗎？

The bill also touches upon the broader need for clear rules and standards in an industry that has lacked consistent oversight, especially as institutions navigate the complexities of new technologies and financial instruments.

該法案還涉及缺乏一致監督的行業中對明確規則和標準的廣泛需求，尤其是當機構導航新技術和金融工具的複雜性時。

With institutions required to undergo regular PoR checks and the results being placed in the public domain, the PROOF Act focuses on digital asset institutions being held directly accountable to the public. This approach will be integral in establishing greater transparency.

由於需要定期進行POR檢查並將結果放在公共領域中，因此《證明法》的重點是直接對公眾負責的數字資產機構。這種方法將是建立更高透明度的組成部分。