APAC regulatory push in Australia
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Regulatory expansion in Australia is emerging as a core pillar of Ripple AFSL strategy as the firm doubles down on licensed blockchain payments across Asia Pacific. Ripple moves to secure Australian Financial Services License On March 11, 2026, in Sydney, Ripple outlined plans to obtain an Australian Financial Services License through the proposed acquisition of BC Payments Australia Pty Ltd. The deal, once standard completion processes are finalized, would give the company a fully regulated, end-to-end payments platform in Australia. Under this structure, Ripple targets financial institutions, fintechs, and enterprises seeking compliant cross-border payment solutions. Moreover, the AFSL would allow the firm to control the full transaction journey, from onboarding to final settlement, within one integrated framework. The license is expected to be secured in 2026, positioning Ripple to deepen its presence in a jurisdiction that is rapidly tightening rules around digital assets. That said, the transaction remains subject to local regulatory and corporate approvals before it can close. How the BC Payments acquisition reshapes Ripple’s platform Through the BC Payments acquisition, Ripple plans to bring the entire lifecycle of a payment under one regulated umbrella. This lifecycle covers customer onboarding, compliance checks, foreign exchange, liquidity management, and final payout to recipients in Australia and overseas. Ripple Payments will be able to integrate traditional banking infrastructure with digital assets within the AFSL framework. As a result, the company can oversee settlement directly rather than relying solely on external intermediaries, which may improve control, transparency, and speed. Moreover, the license structure enables Ripple to connect customers more efficiently with local payout partners, including banks and non-bank financial institutions. Optimized transaction routing is expected to reduce friction, and this could further enhance the competitiveness of Ripple’s cross-border payments offering in the region. Operational impact and customer reach in Australia Once the license…
Filed under: News - @ March 11, 2026 11:25 am