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Coinbase to add proof of reserves to Bitcoin wrapper cbBTC

Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinbase to add proof of reserves to Bitcoin wrapper cbBTC

Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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