- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Ripple plans to obtain an Australian financial license by acquiring payment company BC Payments
The cryptocurrency company Ripple has announced plans to acquire payment company BC Payments Australia to obtain an Australian Financial Services License (AFSL). According to the arrangement, upon completion of the acquisition, Ripple will receive the Australian Financial Services License, which will become a necessary qualification for some cryptocurrency companies to provide financial services in Australia in the future.
Ripple stated that after obtaining the AFSL, its payment business will be able to manage the entire transaction process in Australia, including customer onboarding, compliance, fund settlement, foreign exchange, liquidity management, and final payments, integrating traditional banking systems with digital asset networks.
Over the past year, Ripple has been continuously advancing its global compliance strategy, having obtained payment-related licenses in Singapore, the United Arab Emirates, and the United Kingdom, and received conditional approval for a national trust bank license in the United States. At the same time, the company is also expanding its business footprint through acquisitions, including the acquisition of institutional broker Hidden Road (now Ripple Prime).
You may also like
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments
From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units
Why is OpenAI playing catch-up to Claude Code instead?
Vitalik wrote a proposal teaching you how to secretly use AI large models
The doubling of Circle's stock price and the paradigm shift of stablecoins
Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report
On-Chain Options Explosion.ActionEvent
《Time》 Magazine Names Anthropic as the World's Most Disruptive Company
Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?
500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain
AI Agent needs Crypto, not Crypto needs AI
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
App