Michael Saylor Criticizes On-Chain Reserve Proof at Bitcoin 2025 Conference

According to PANews, during an event at the Bitcoin 2025 Conference in Las Vegas, Michael Saylor expressed concerns over institutions issuing on-chain reserve proofs. He described the practice as a "bad idea" that could pose security risks. Saylor argued that it undermines the security of issuers, custodians, exchanges, and investors, emphasizing that it is not advisable. source: https://www.binance.com/en/square/post/24796986489226?utm_source=BinanceNewsRSS