News with the tag "Independent Reserve"

Ripple RLUSD Stablecoin has marked its debut in the Singapore market, gaining notable traction from investors. According to recent updates, the stablecoin noted its first listing from the leading Singapore crypto exchange, Independent Reserve (IR). Meanwhile, this comes after a week the stablecoin m...

Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.

Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could box the crypto industry into a TradFi-shaped box.

The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny.

A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.

Australian crypto exchanges report no problems with their payment providers but the lack of local laws means more debanking incidents can't be ruled out.