Highlights from the IRCI in 2021; 28.8% of Australians now own or have owned crypto (up from 18.4% in 2020). The proportion of women who own crypto has doubled from 10.1% in 2020 to 20%. 89% of Aussie crypto owners have made money or broken even, up from 78% in 2020.
[SINGAPORE, 1 October 2021] Cryptocurrency exchange Independent Reserve has today received approval for a Major Payment Institution Licence in Singapore from the Monetary Authority of Singapore (“MAS”) under the Payment Services Act (“PSA”) to operate as a regulated provider for Digital Payment Token (“DPT”) Services. It is one of the first virtual asset service providers (VASPs) to obtain full licensure approval under the PSA in Singapore.