Ripple plans to apply for a financial services license in Australia through the acquisition of BC Payments to expand its cross-border payment business. Fiona Murray stated that the Australian market is important, and obtaining the license will enhance business capabilities. Ripple already holds 75 licenses worldwide and predicts that the Asia-Pacific payment transaction volume will double. Meanwhile, retail investors dominate the demand in the XRP market, ETF asset management scale remains stable, and institutional investors participate less, forming a "dual-track development" pattern between institutions and retail investors.

Ripple seeks to obtain an Australian financial services license through the acquisition of BC Payments, promoting the development of cross-border payment services in the Asia-Pacific region. If the application is successful, it will enhance its competitiveness in the local market, streamline transaction processes, and reduce reliance on intermediaries. This move could drive the adoption of blockchain payment technology within regulated financial systems, but market competition remains intense, and friction still exists between traditional financial systems and crypto services.

Gate News Announcement, March 11, Ripple announced plans to apply for an Australian Financial Services License (AFSL), which will be obtained through the acquisition of BC Payments. This license will enable Ripple to expand its payment business in Australia. Ripple currently holds over 75 regulatory licenses worldwide.

Gate News bot message, according to the official Gate announcement Gate has delisted trading markets for 22 tokens, including RINGAI, SUBHUB, SWO, ATK, BC, NVG8, BACON, CATCH, AIMONICA, WEAR, BBC, MG8, SCF, KAR, BNSX, PENG, ONS, GST, HAM, BABYNEIRO, SERO, PINEYE. These tokens were delisted because they did not meet the platform's trading opening standards. Gate has repurchased tokens stored on the platform and submitted by users, with the repurchase amount already credited to user accounts. After delisting, users can still continue to use the Gate wallet to store related assets. The specific delisting time for wallet functions will be announced separately.