Ripple acquires BC Payments Australia to secure an AFSL, expanding its regulated global payments platform across the Asia-Pacific region.
Ripple is making a significant move in the Asia-Pacific market. The blockchain payments company announced plans to acquire BC Payments Australia.
The deal gives Ripple an Australian Financial Services License (AFSL).
With it, Ripple gains full control over the foreign exchange process for Australian clients. The acquisition is set to close on April 1, pending regulatory approval.
Ripple Expands Regulated Payments Reach in Asia-Pacific
The AFSL allows Ripple to manage everything from client onboarding to final payouts. That covers the entire payment journey using both traditional and digital assets.
Clients can process transactions without directly interacting with blockchain. This lowers the barrier for financial institutions looking to modernize their payment systems.
Ripple’s Asia Pacific managing director, Fiona Murray, spoke on the significance of the move. She described Australia as a key market for faster settlements and reduced financial risk.
Exciting milestone for @Ripple in Australia! 🇦🇺
Ripple is obtaining an Australian Financial Services License (AFSL). As we continue to bridge TradFi with the next gen of digital infrastructure, regulatory compliance remains the foundation of everything we build:… pic.twitter.com/JNF1iQSyG7
— Ripple (@Ripple) March 10, 2026
Murray noted the license would help scale Ripple Payments for more reliable global transfers.
The company already has strong ties in the region, including partnerships with Novatti Group and participation in the Reserve Bank of Australia’s Project Acacia.
The APAC region has shown strong momentum for Ripple.
The company’s payments volume in Asia-Pacific nearly doubled year-over-year in 2025. This acquisition builds directly on that growth.
It positions Ripple to serve more Australian financial institutions under a fully regulated framework.
Related Reading: Ripple Hits $100B Volume Milestone, Stablecoin Platform Expands
Ripple’s Global Licensing Strategy Bridges Traditional Finance and Crypto
Ripple now holds over 75 licenses worldwide. The company treats regulatory compliance as a core part of its business model.
Ripple president Monica Long reinforced that stance on social media. She posted that “licensing wins keep stacking” and called compliance the key to scaling the business.
The BC Payments Australia deal fits into a broader pattern. Ripple has consistently pursued licenses across major financial markets.
Licensing wins keep stacking! 🇦🇺
75+ licenses worldwide and counting. Compliance is how we scale. https://t.co/f3bDrdv1lM
— Monica Long (@MonicaLongSF) March 11, 2026
Each license strengthens its ability to offer regulated, end-to-end payment services. The goal is to connect traditional banking infrastructure with next-generation blockchain tools like the XRP Ledger.
On its official account, Ripple described the AFSL as a step toward bridging traditional finance with digital infrastructure.
The company said the license enables a “fully regulated, end-to-end platform” for moving value faster.
That message is aimed squarely at Australian financial institutions and enterprises looking for compliant cross-border payment options.
The acquisition reflects how crypto companies are increasingly pursuing regulatory pathways rather than avoiding them.
For Ripple, compliance is not just a legal requirement. It is the foundation of its global expansion strategy.
