The Crypto market in the APAC region is booming so it’s no surprise why businesses like Independent Reserve as looking to expand from their Australian home, into Singapore. The cryptocurrency exchange were recently granted an “in-principle approval” by The Monetary Authority of Singapore under the Payment Services Act, allowing them to operate as the first regulated provider for Digital Payment Token services. Storm2 consultant Sidhesh Pillai sat down with their COO, Lasanka Perera to discuss their story, the challenges and successes of launching in Singapore, and his insight on the Crypto boom.
“We’ve been doing this a very long time. We’ve run a top tier exchange in Australia and New Zealand, so coming to Singapore, we’re not a new exchange. We’ll be leveraging those battle-tested systems, you’ll have a great user experience perfected over eight years. Like we have in Australia, we’ll be rolling out deep markets for a whole bunch of Cryptocurrency assets and a number of applications that give a holistic trading and investment experience.”
Independent Reserve is a Bitcoin and Digital Currency exchange where investors, traders and everyday people come to buy and sell Bitcoin, Ether and Bitcoin Cash. Their mission is to be APACs #1 trusted cryptocurrency trading platform and they are well on their way to this being the reality.