Australian crypto exchange 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).
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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