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.
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.
Australia passed landmark legislation on April 1, 2026, requiring all cryptocurrency exchanges and custodians to obtain financial services licenses, enforce KYC/AML, targeting the $16.5 billion market. Non-compliant firms face heavy fines and shutdowns, aligning with global regulatory best practices.
Australia's Senate Economics Legislation Committee has approved the Digital Assets Framework Bill 2025 without amendments, requiring custodial platforms to obtain AFSL licenses under ASIC oversight, with full compliance expected by 2027. The move signals a decisive shift from regulatory ambiguity to structured oversight.
The Australian Senate Economics Legislation Committee has approved the Digital Assets Framework Bill 2025 without amendments, requiring crypto platforms to obtain an AFSL. The bill aims to bring regulatory clarity and attract institutional investment, with full implementation expected by 2027.
Australia’s draft vision for future A2A payments says domestic payment rails may need to support secure interoperability between account-based money and tokenized fiat forms such as stablecoins, highlighting growing policy attention to tokenized money.
Australia's draft vision for account-to-account payments highlights stablecoins and tokenized liabilities moving from experimentation to adoption, urging secure interoperability between account-based and tokenized fiat money, while the RBA advances Project Acacia and digital asset regulation.
