Independent Reserve Podcast Ep. 19: featuring Nick Fletcher from IR Join us in Episode 19 of the Independent Reserve Podcast, featuring an engaging discussion with Nick Fletcher, OTC Desk Trader and Head of Business Solutions at Independent Reserve. Nick shares his journey from discovering Bitcoin to becoming a key player at one of the leading crypto exchanges since its early days. He provides valuable insights into the evolution of the crypto market, the rise of stablecoins, and how Independent Reserve adapted to regulatory changes. Learn about the nuances between physical and derivative trading, the importance of risk management, and the role of crypto in modern business transactions. Proudly brought to you by Independent Reserve. 00:00 Welcome to the Independent Reserve Podcast 00:36 Nick Fletcher's Journey into Crypto 02:58 Early Days at Independent Reserve 05:07 Evolution of the OTC Desk 08:38 The Rise of Stablecoins 12:28 Crypto's Impact on Traditional Finance 22:18 Independent Reserve's Unique Market Approach 35:04 The Emperor Has No Clothes: Corporate Downfalls 36:05 FTX's Final Days: A Yacht Story 37:15 The Ripple Effect: Businesses Impacted by FTX Collapse 38:22 Risk Management and Exposure 39:24 The FTX Interface and User Experience 41:09 Crypto War Stories: Terra and Luna 41:53 Regulation and the Crypto Market 43:28 The Legal Grey Areas of Crypto 43:57 The Role of Regulation in Crypto 46:10 The Future of Crypto Regulation 48:26 The Importance of Proper Business Practices 51:55 Singapore's Regulatory Approach 59:39 Public Service and Incentives 01:00:49 Nick: The Man Behind the Desk