Transak Expands Payments Infrastructure to Australia

Transak Secures DCE Registration in Australia for Crypto Expansion

• Transak obtained Digital Currency Exchange (DCE) registration from AUSTRAC.
• This allows Transak to operate as a compliant exchange in Australia.
• The registration ensures adherence to Australia’s AML and CTF regulations.
• Transak aims to serve Australian fintech platforms, institutional clients, and individual users.
• In the U.S., Transak has secured Money Transmitter Licenses in Illinois and Missouri.

Transak’s acquisition of AUSTRAC’s DCE registration enables it to offer a compliant crypto purchasing gateway in Australia, aligning with strict regulatory standards.