Crypto.com Scoops Australian Firm to Broaden Financial Products in Local Market

Quick Summary:

The deal grants Crypto.com access to Fintek’s Australian Financial Services Licence, enabling it to offer a range of traditional products.

A spokesperson for the exchange did not immediately return a request for comment.

Instead, companies are increasingly pursuing acquisitions to accelerate market entry and gain regulated status, bypassing the lengthy process of applying for licenses directly.

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets: EstoniaAustralia

Topics: Brokerage Contract for Difference Business Exchanges Crypto.com

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 06:14:27 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23650823

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 5 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 10 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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