,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #idba  ,,in ,,the ,,house ,,of  
,,representatives  ,december #b1        
#bjbb,mr4 ,torres of ,new ,york         
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
require certain cryptocurrency exchanges
 to make disclosures relating to proof  
of reserves to the ,securities and      
,exchange ,commission1 and for other    
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,crypto ,exchange   
,disclosure ,act4  #b4 ,cryptocurrency  
exchanges proof of reserves disclosures 
,a cryptocurrency exchange that holds   
assets on behalf of customers shall     
periodically 7as determined by the      
,securities and ,exchange ,commission7  
disclose to the ,securities and         
,exchange ,commission information       
relating to proof of reserves of the    
exchange1 including1 with respect to the
 exchange at the time of the disclosure1
 the amount of assets held by the       

exchange compared to the liabilities of 
the exchange4