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  • Zebpay acquires a license to trade in Australia.
  • Zebpay closed doors to its Indian customers due to the country’s crypto  ban.

Singapore-based Zebpay Crypto Exchange has broadened its business by opening a new office in the fintech hub of Melbourne. Australian customers will now be able to trade in bitcoin (BTC), ether (ETH), ripple (XRP), bitcoin cash (BCH) and litecoin (LTC) both on desktop and Android and iOS apps.

The firm has earned a license with the Australian Transaction Reports and Analysis Centre to operate trade in Australia. Subsequently, it became a member of the Australian Digital Commerce Association.

Zebpay’s Australia Director Sandeep Khurana said:  

“Australia is an ideal market for Zebpay’s services with its clear stance on regulation, openness to fintech innovation and thirst for crypto products.”

Zebpay had to cut off its trade from the Indian market in October 2018 due to the country’s crypto banking ban.