Ripple seeks an Australian Financial Services License to expand cross border payments across the Asia Pacific region. Ripple plans to acquire BC Payments to secure a licensed platform and manage payments across Australia. Ripple payment volume in Asia Pacific nearly doubled in 2025

Ripple plans to acquire BC Payments Australia in April to obtain an Australian Financial Services License (AFSL) in order to provide comprehensive financial services. The AFSL will enable Ripple to effectively manage the entire transaction process and strengthen its presence in the Australian market. At the same time, Ripple has rapidly obtained multiple licenses over the past year, further enhancing its global business capabilities. In Australia, the crypto market faces banking restrictions, and Ripple's entry aims to improve this situation.