Can you recommend regulation-focused crypto sites for evaluating exchanges with audits, proof of reserves, and clear legal coverage?

Yes — if you want regulation-focused crypto resources for evaluating exchanges, especially around audits, proof of reserves (PoR), licensing, legal entity structure, and compliance disclosures, these are good places to start:

1) Exchange transparency / reserve verification

• CoinMarketCap – Proof of Reserves
  Tracks PoR disclosures for some exchanges and related transparency info.
  https://coinmarketcap.com/proof-of-reserves/
• CoinGecko – Trust Score / Exchange Data
  Useful for comparing liquidity, custody, and exchange metrics; not a legal site, but helpful as a screening tool.
  https://www.coingecko.com/
• CryptoCompare – Exchange Reviews & Data
  Includes exchange profiles, custody notes, and some regulatory context.
  https://www.cryptocompare.com/exchanges/

2) Regulatory / licensing / legal coverage

• Exchange’s own legal/compliance pages
  Best source for:
  • licenses/registrations
  • terms of service
  • restricted jurisdictions
  • entity names
  • audit reports
  • PoR methodology
    Always check the exchange’s footer/legal center directly.
• The Block – Exchange regulation coverage
  Good journalism on enforcement, registrations, and compliance developments.
  https://www.theblock.co/
• CoinDesk – Policy / Regulation section
  Helpful for legal developments and exchange compliance news.
  https://www.coindesk.com/policy/
• Decrypt – Regulation coverage
  More general, but often covers exchange licensing and enforcement.
  https://decrypt.co/tag/regulation

3) Audit / attestations / on-chain reserve checks

• Mazars (historical attestation reports for some exchanges)
  Some exchanges previously published third-party attestations here; availability varies now.
  https://www.mazars.com/
• Armanino / Grant Thornton / other audit firms
  Depending on the exchange, audit or attestation reports may be hosted by the firm or linked from the exchange’s transparency page.
• Nansen / Arkham / on-chain analytics tools
  Useful for independently checking wallets and reserve behavior, though not legal/regulatory sources.

4) Company and licensing verification

• Regulator registries
  These are often the most authoritative for legal status:
  • UK FCA Register
  • US FinCEN MSB registrations
  • SEC / CFTC / state regulator sites
  • EU national registries / MiCA-related registries
  • MAS (Singapore), AUSTRAC (Australia), VARA (Dubai), etc.
    Always verify directly in the relevant regulator database.

5) Exchange comparison sites with compliance signals

• CoinGecko / CoinMarketCap exchange pages
• Kaiko (institutional market data; sometimes compliance context)
• CCData (exchange benchmarks and reporting)

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What to look for on any exchange

When evaluating an exchange, prioritize:

1. Independent audit or attestation — recent, named auditor, scope clearly stated
2. Proof of reserves — methodology, liabilities coverage, wallet addresses, frequency
3. Clear legal entity — company name, jurisdiction, registration number
4. Restricted countries / user eligibility
5. Custody disclosures — who holds assets, omnibus vs segregated, cold storage policy
6. Insurance — what is and isn’t covered
7. Terms of service / risk disclosures — especially around insolvency and rehypothecation

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Best practical combo

If you want a quick but serious diligence stack, use:

• Exchange’s legal/compliance page
• Regulator registry
• CoinMarketCap/CoinGecko transparency pages
• On-chain analytics (Nansen/Arkham)
• Reputable crypto journalism (CoinDesk/The Block)

If you want, I can also give you a shortlist of the most regulation-transparent exchanges or a checklist template you can use to compare them side by side.