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Ripple to acquire BC Payments Australia in bid to secure AFSL license

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Ripple has announced plans to acquire BC Payments Australia as part of its strategy to secure an Australian Financial Services License (AFSL).

The deal would give Ripple a fully regulated presence in the Australian market, enabling it to offer payment and digital asset services under the country’s financial regulatory framework. This acquisition is part of Ripple’s broader global expansion strategy as it seeks to deepen its presence across Asia-Pacific.

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