Ripple buys BC Payments (Banking Circle sub) for Australian Financial Services License.
Accelerates regulated payments ahead of June 2026 crypto rules.
Key Details:
• Close: April 1, 2026 (pending)
• APAC Growth: 2x YoY 2025 (100B$ global, 60 jurisdictions)
• Full Lifecycle: Onboarding → Payouts
• Clients: Hai Ha, Stables, Independent Reserve
Strategic Impact:
✅ Before: Limited ops + partners
✅ After: End-to-end Australia hub!
"Australia key market for full lifecycle". Fiona Murray, APAC MD
XRP institutional boost Down Under!
#Ripple #xrp #AFSL #crypto #Australia
