Independent Reserve Now Allows Trading Bitcoin Using NZD
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....
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The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk.
Singapore’s Central Bank Formally Approves DBS and Independent Reserve
DBS Bank announced Friday that its brokerage arm, DBS Vickers (DBSV), “has received formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital....
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....
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....
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:....
The Monetary Authority of Singapore (MAS) has granted licenses to two companies to offer digital payment token services. The brokerage arm of DBS Bank received formal approval from Singapore’s principal financial regulator to provide crypto services. Australian cryptocurrency exchange Independent Reserve also received the same license under the Payment Services Act. With this, Independent Reserve becomes […]