Independent Reserve SG is proud to be the newest member of the VerifyVASP Alliance. As one of the first crypto exchanges to hold a Major Payment Institution License issued by the Monetary Authority of Singapore (MAS), joining the alliance is in line with the strict policies and processes that have been put in place.
As a leading provider of Travel Rule solutions for virtual asset service providers (VASPs) in Asia, VerifyVASP allows Independent Reserve SG to send and receive Travel Rule information when transferring virtual assets with other alliance members that complies with Travel Rule and personal data protection requirements outlined by the Financial Action Task Force (FATF).
“Being the first regulated crypto exchange in Singapore, our robust compliance framework is up to the highest regulatory standards set by a world class regulator. Joining the VerifyVASP Alliance allows our users that additional peace of mind.” said Raks Sondhi, managing director at Independent Reserve SG.
About Independent Reserve
Established in 2019, Independent Reserve SG is one of the first crypto exchanges in Singapore to hold a Major Payment Institution Licence issued by the Monetary Authority of Singapore (MAS). Building trust and robust security to safeguard our users assets are at the heart of everything we do. With world-class security and customer support, including 2-factor authentication and ISO 27001 certification, more than 250,000 global customers trust Independent Reserve SG to securely buy and sell cryptocurrencies with ease. To find out more visit www.independentreserve.com.