MEXC to publish monthly Proof of Reserves reports with Hacken

Global cryptocurrency exchange MEXC announced it will partner with blockchain security firm Hacken to conduct regular monthly Proof of Reserves (PoR) audits and publish the results. The initiative aims to enhance user trust and transparency by introducing an external audit of its reserve verification system, thereby strengthening its risk management and compliance standards. MEXC previously stated it would improve transparency by regularly disclosing its risk management policies and review procedures.