Binance's May proof-of-reserves shows 100.22% Bitcoin backing, indicating full customer fund coverage.

Binance released its May 2026 proof-of-reserves report, revealing a Bitcoin reserve ratio of 100.22%, meaning it holds slightly more Bitcoin than owed to users. This transparency measure reassures users about the exchange's asset backing amid ongoing regulatory scrutiny. While the report shows a small surplus, it is not a full financial audit and does not cover all liabilities. Binance's regular disclosures reflect a broader industry trend towards greater accountability and may influence future regulatory standards.