Australian crypto exchange BTC 0.49%-news/">BTC Markets has announced that it has obtained an Australian financial services license through its sister company BTCM Payments.
This is the first time Australia has issued such a license to a crypto company. BTC Markets will also enhance the existing ISO certification and complement the Voluntary Compliance Standard for Access to Service Organizations (SOC 2).
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BTCM Payments has been granted an Australian Financial Services License (AFSL) by the Australian Securities and Investments Commission (ASIC) to provide cashless payment products and general financial advice.
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