XRP traded near $1.38 after a 2.47% drop, with $1.40 still acting as resistance. Ripple said it plans to acquire BC Payments Australia to secure an AFSL license and expand its regulated payments footprint in the region.
The Federal Court of Australia has imposed A$14 million in penalties on BPS Financial for operating the Qoin Wallet without a license and making deceptive claims, alongside a 10-year ban on licensed financial services.
Ripple launches up to $750M share repurchase, potentially lifting valuation to $50B. The firm also obtains an Australian Financial Services License, expanding regulatory footprint.
A deep dive into five top crypto exchanges for Australian users—Kraken, CEX.IO, Coinbase, CoinSpot, and Swyftx—covering AUSTRAC registration, AUD support, fees, and security.
Ripple plans to acquire BC Payments Australia to secure an Australian Financial Services License, ahead of new crypto regulations taking effect on June 30, 2026. The deal is expected to close on April 1. Ripple's APAC head calls Australia a key market, focusing on end-to-end transaction compliance and infrastructure integration.
Crypto prime broker LTP secured an Australian Financial Services License from ASIC, allowing regulated services for tokenized assets. The move reflects the broader rush by BlackRock, JPMorgan, and others to bring real-world assets onto compliant blockchain infrastructure.
Ripple plans to secure an Australian Financial Services License through the proposed acquisition of BC Payments Australia Pty Ltd to expand regulated payments across Australia and APAC.
On April 8, total crypto market cap hit $2.52T, BTC rose 4.12% to $71,546.84, and ETH climbed 5.62%. ZEC topped gainers at 24.66%. Fear & Greed index remained at 17, still in extreme fear. SEC shifts to fraud-focused enforcement; Rayls mainnet set for April 30.
