Australia’s longest running digital currency exchange Independent Reserve has today been certified as compliant with the Australian Digital Currency Industry Code of Conduct by ADCA (the Australian Digital Commerce Association).
The Code of Conduct is a tool to help Australian consumers identify digital currency businesses that have best-practice standards in place
Independent Reserve is the first exchange to be regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC).
[perfectpullquote align=”full” bordertop=”false” cite=”Adrian Przelozny, CEO at Independent Reserve” link=”” color=”” class=”” size=””]”I am very excited and proud that our continuous focus to provide a highly secure trading environment for our customers has been recognised through our ADCA certification.That the number of Australians holding cryptocurrency has nearly tripled since January, 2018 – even after the spectacular bull run during the latter half of 2017 – indicates just how critical it is for the next wave of financial infrastructure to be robust and considered. This is a major step for Independent Reserve as the evolving oversight of the Australian cryptocurrency industry provides unique opportunities for Australian investors”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Nick Giurietto, CEO and MD at ADCA” link=”” color=”” class=”” size=””]“ADCA is delighted that Independent Reserve has achieved certification under the Australian Digital Currency Industry Code of Conduct. The Code establishes best-practice standards for digital currency exchanges operating in Australia. Independent Reserve has long placed customer interests and regulatory compliance at the heart of its business practices. Certification under the Code of Conduct provides external confirmation of adherence to best-practice standards through verification by an independent auditor.”[/perfectpullquote]