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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 … Read more
The carbon footprint of cryptocurrency mining is enormous. Finding new solutions to offset this problem has not been straightforward. Australian trading platform Independent Reserve may have come up with a creative solution. Several reports have been published regarding the climate impact of Bitcoin mining. It requires a ton of electricity to do so. As such, … Read more
Independent Reserve has become the first cryptocurrency exchange in Australia to offer insurance coverage to its clients. Underwritten by the world’s leading insurance provider Lloyd’s of London, the insurance policy insures against theft or loss of any cryptocurrency that is held in an Independent Reserve trading account. It does not, however, cover any losses resulting from … Read more
