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Urgent Action: PROOF Bill Re-Introduced to Safeguard Crypto Custodians & User Funds

BitcoinWorld LogoBitcoinWorld4d ago

Urgent Action: PROOF Bill Re-Introduced to Safeguard Crypto Custodians & User Funds - BitcoinWorld

Quick Summary:

Recent events have underscored the critical need for robust regulatory frameworks to protect investors and maintain trust in the crypto ecosystem.

A significant step towards enhancing user protection has emerged from Capitol Hill: U.S.

This isn’t the first time this bill has surfaced; its re-introduction highlights the persistent concerns surrounding how digital asset custodians manage and safeguard client funds.

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Urgent Action: PROOF Bill Re-Introduced to Safeguard Crypto Custodians & User Funds - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 21:10:29 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 808 words

Reading Time: 5 minutes read

Sentences: 47 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 27798409

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 53 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Urgent Action: PROOF Bill Re-Introduced to Safeguard Crypto Custodians & User Funds" has 808 words across 47 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Urgent Action: PROOF Bill Re-Introduced to Safeguard Crypto Custodians & User Funds" was covered 4 days ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 53 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27798409
  • URL: https://chronographically.beamstart.com/news/urgent-action-proof-bill-re-17444138208183

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