Australia's Got a New Bitcoin Exchange: Independent Reserve
The folks in Australia might be pleased to know that there's now a new bitcoin exchange in the country based out of Sydney. Dubbed Independent Reserve, the exchange's chief executive officer - Adam Tepper - says the exchange will add a valuable source of liquidity to the global bitcoin market. And with a team composed of financial and IT professionals, the exchange is sure they can provide clients with unrivaled security and protection. "Our proprietary technology includes many levels of safeguards to ensure users are well protected. We have the last mover advantage, and have spent....
Related News
Australian Adam Tepper founded the Independent Reserve Bitcoin exchange in June, 2013, and launched it last October. One of the unique features of Independent Reserve was its ties to "Australia's highly regulated financial sector" and its annual auditing by PricewaterhouseCoopers, one of the four biggest auditors in the world. Yesterday, the former IT manager was on vacation in one of Australia's favorite destinations, Thailand, when he was killed in a motorcycle accident. Local news characterized the death in Phuket City as preventable and potentially alcohol-related. From the Phuket Wan:....
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country.MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), allowing them to provide digital payment token services under the Payment Services Act (PS Act).According to an announcement by Independent Reserve, the firm became the first....
A new bitcoin exchange launched yesterday in Sydney, Australia, with an aim to improving general consumer confidence in the digital currency market. Called Independent Reserve, the exchange is promoting both itself and its Australian base as secure and well-regulated, saying the country's AAA credit rating and political stability made it the ideal place to locate. It will aim first at the local and New Zealand markets before expanding overseas to the financial centers of Asia, though says it already has the ability to electronically verify customers in minutes from over 20 countries by....
Sydney-based Bitcoin exchange Independent Reserve has added New Zealand Dollars to its multi-currency order book. Basically, this means that New Zealand residents can now trade Bitcoin using their home currency. The addition comes a month after the Bitcoin exchange added AUD to the platform, making it the first Australian exchange to facilitate Bitcoin trading in both U. S. and Australian dollars. New Zealand residents, interested in trading Bitcoin, can now deposit and hold an NZD balance in their Independent Reserve account to trade the virtual currency. CEO of Independent Reserve Adrian....
Independent Reserve (IR) is an Australian Bitcoin exchange in Sydney that ran a pre-launch survey that reached 442 people from every corner of the world. From their survey, IR determined that only 8% of participants had used Bitcoin. However, more than half claimed that they "felt they understood Bitcoin" and over three-quarters admitted to having planned to "find out more" in the future. Australia is still holding out as a Bitcoin bastion despite bad news, Bitcoin wallet scams, and Ostrich-like regulation. IR will charge a flat 0.5% fee and will not charge a goods and services tax (GST).....