Ripple plans to acquire BC Payments Australia to obtain an AFSL, a move aimed at expanding its regulated payments operations in Australia and across the Asia-Pacific region.

Ripple is reported to have acquired BC Payments Australia to secure an Australian Financial Services License. XRP traded near $1.38 as 24-hour volume climbed to about $3.27 billion.

Australia’s ASIC pushed its temporary crypto licensing relief deadline to Sept. 30 and widened coverage to more firms, while the country’s separate digital asset framework remains set for 2027.

Bakkt Holdings acquires turnkey crypto platform Apex Crypto from Apex Fintech Solutions for up to $200 million, aiming to strengthen its crypto product suite and enter new client segments like rewards and NFTs.

Crypto.com said it has received an EMI license from Malta’s MFSA, allowing it to provide bank transfers and card-related services in the market as part of its broader regulatory expansion.

Crypto.com has secured Malta's first Electronic Money Institution license from the Malta Financial Services Authority, enabling bank transfers and card issuance, marking a compliance milestone for the crypto industry.

Mastercard and Circle are expanding stablecoin settlement across Eastern Europe, the Middle East, and Africa, with AFS and Eazy Financial Services as the first acquirers to adopt USDC and EURC.

Mastercard and Circle are expanding stablecoin settlement across Eastern Europe, the Middle East, and Africa, with AFS and Eazy Financial Services as the first acquirers to adopt USDC and EURC settlement.