MoonPay is now formally registered with the Australian Transaction Stories and Evaluation Centre (AUSTRAC), permitting the platform to supply digital foreign money change companies throughout Australia.
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This transfer allows MoonPay to ascertain native cost processing and supply different strategies like Osko and PayID for Australian customers.
With crypto adoption on the rise in Australia—one in 5 adults has owned crypto and the nation launched its first Bitcoin ETF this yr—MoonPay is well-positioned to broaden its companies whereas complying with native rules, together with Australia’s AML/CTF Act.
MoonPay CEO Ivan Soto-Wright shared:
“MoonPay continues to advocate for easy and compliant change of crypto property around the globe. We’re thrilled to deliver our companies on to Australian customers, and we’ll proceed partaking with regulatory our bodies globally to encourage innovation whereas prioritizing compliance and client security.”
Ivan Soto-Wright, MoonPay CEO
MoonPay’s registration in Australia provides to its present registrations within the U.Okay., Eire, Italy, Canada, and throughout the U.S.
For extra data, go to www.moonpay.com.