Ripple plans to secure Australian financial services license by April through acquisition

Ripple is set to finalize the acquisition of BC Payments Australia by April 1, 2026, to gain access to an AFSL, vital for providing financial services in Australia.

According to Fiona Murray, Ripple’s APAC managing director, the investment is justified due to significant institutional interest in digital assets, reinforcing Ripple’s strategy to scale its operations in Australia.