Cryptoknowmics
2022-12-05 14:12:53

KuCoin Employs Auditor Mazars to Deliver Report With Facts

KuCoin, a cryptocurrency exchange, has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report. According to a statement on KuCoin’s company blog, the company will provide information on whether KuCoin’s in-scope holdings are collateralized. Mazars wants to reveal the reserves and consumer liabilities for KuCoin. In addition to focusing on bitcoin, ether, and the stablecoins USDT and USDC, this will also feature margin and other accounts. KuCoin Employs Mazars to Reveal Reserves In a release, KuCoin CEO Johnny Lyu stated that this move is the next step in the attempts to give openness to The post KuCoin Employs Auditor Mazars to Deliver Report With Facts appeared first on Cryptoknowmics-Crypto News and Media Platform .

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