Crypto
Ripple seeks Australian financial services licence
Ripple said on March 11 it is seeking an Australian Financial Services Licence (AFSL) as part of efforts to expand its regulated business scope in the Asia-Pacific region. It plans to obtain the licence through the acquisition of BC Payments Australia. Once the acquisition is completed, Ripple aims to run an integrated platform managing the full transaction process, from funding and foreign exchange to liquidity management and final payment.
