Independent Reserve ADCA Certification
27 Sep 2018 13:08
Independent Reserve has been certified by ADCA, the Australian Digital Commerce Association as compliant with the Australian Digital Currency Industry Code of Conduct. The Digital Currency Industry Code of Conduct is a self-regulatory scheme and was developed in response to a recommendation of the Senate Enquiry into Digital Currencies from August 2015. Independent Reserve has demonstrated to independent auditors and ADCA that code compliance obligations from multiple Australian regulators have been met.
‘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.’- Adrian Przelozny, Independent Reserve CEO.
‘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’ – Nick Giurietto, ADCA CEO
About Independent Reserve
Established in 2013, Independent Reserve is an Australian institutional grade cryptocurrency exchange with an orderbook enabling Australian and NZ clients to securely trade, invest and hold digital currencies. Independent Exchange’s mission is to provide a pro-regulation platform with the highest security to access cryptocurrencies.
The Australian Digital Commerce Association (ADCA) is the industry body that represents Australian businesses and other organisations participating in the digital economy through blockchain technology. ADCA aims to encourage the responsible adoption of blockchain technology by industry and governments across Australia as a means to drive innovation in service delivery across all sectors of the economy. http://adca.asn.au/