![Singapore-regulator-grants-first-approval-in-principle-for-digital-currency-exchange Singapore regulator grants first approval in principle for digital currency exchange](https://coingeek.com/wp-content/uploads/2021/08/Singapore-regulator-grants-first-approval-in-principle-for-digital-currency-exchange-380x188.jpg)
Singapore regulator grants first approval in principle for digital currency exchange
Australian digital currency exchange Independent Reserve received the regulatory go-ahead under the provisions of the Payment Services Act, which was brought into law in January 2020.