Ripple said it plans to expand its presence in the Asia-Pacific region by acquiring BC Payments Australia Pty Ltd, a move that would allow the company to obtain an Australian Financial Services License (AFSL) and offer its payments infrastructure more broadly in the country. The acquisition, which remains subject to completion, would provide Ripple with the regulatory approval required to operate financial services in Australia. Through the license, the company intends to roll out its full payments platform, which combines traditional financial infrastructure with digital asset capabilities. The announcement comes as Ripple continues to scale its global payments network and deepen its regulatory footprint across major markets.
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