Ripple is set to secure an Australian Financial Services License (AFSL).

The San Francisco-based enterprise blockchain firm announced Wednesday that it will acquire BC Payments Australia Pty, which is a corporate entity tied to the European Banking Circle Group. 

The acquisition allows Ripple to inherit the firm's highly coveted AFSL. 

HOT Stories Ripple to Bag Crucial Australian License Crypto Market Review: Shiba Inu (SHIB) Resurrects With 8% Spike, Major XRP Trend Test Inbound, Bitcoin (BTC) Crosses $70,000 for Good

The high-profile deal is expected to officially close in April 2026, the announcement says. 

The AFSL allows Ripple’s payments division to act as a comprehensive, one-stop financial custodian. 

You Might Also Like
Tue, 03/10/2026 - 15:11 Ripple CEO: 2026 to Be 'Defining Year'ByAlex Dovbnya

The company will now be legally cleared to manage the entire lifecycle of a cross-border transaction within Australia: from customer onboarding and regulatory compliance to liquidity management and final fiat payout.

This will make it possible for entrepreneurs to bypass the rather fragmented patchwork of correspondent banks and third-party intermediaries. 

The company's APAC payment volume experienced a two-fold increase in 2025 with a growing list of partners.  

Ripple's regulatory moat 

Ripple has now managed to build a massive compliance moat. The company now boasts over 75 regulatory licenses and money transmitter approvals worldwide.  

In early 2026, Ripple secured a dual victory in Europe. In January, the firm obtained a key license from the U.K.’s stringent Financial Conduct Authority (FCA). 

Just weeks later, the San Francisco-headquartered company bagged a full EMI license from Luxembourg’s financial watchdog, the CSSF. This vital Luxembourg license allows Ripple to "passport" its blockchain payment services across all 30 countries in the European Economic Area. 

Ripple has established a dominant foothold in the United Arab Emirates. In March 2025, the company made history by becoming the first blockchain-enabled payments provider to receive a full regulatory license in Dubai.

The firm has also secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish the Ripple National Trust Bank (RNTB), which is an exceptionally rare federal charter for a crypto-centric enterprise.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。