Australia – AUSTRAC-Registered Digital Currency Exchange & Remittance Business

An Australian financial-services company registered with AUSTRAC for dual activities covering digital currency exchange and money remittance. The business provides a regulatory foundation for an operator seeking to establish or expand compliant virtual-currency and cross-border money-transfer services in Australia.

• Jurisdiction: Australia.

• Regulator: Australian Transaction Reports and Analysis Centre (AUSTRAC).

• Registration: AUSTRAC-registered reporting entity.

• Approved Activities:

  • Digital currency exchange (DCE).

  • Money remittance.

• The registration and current regulatory standing remain subject to confirmation through standard due diligence.

The company’s regulatory perimeter supports the development of a combined digital-asset and remittance model, including:

• Digital currency exchange services.

• Fiat-to-digital-currency and digital-currency-to-fiat flows, subject to the applicable operating framework.

• Domestic and international money-transfer services.

• Customer onboarding and transaction processing.

• Cross-border settlement and remittance solutions.

The buyer will be able to develop its own technology, customer strategy, supported corridors, banking relationships and service model within the applicable Australian regulatory requirements.

• An account was previously opened for the business.

• Existing corporate and regulatory documentation is available for review.

• Staff may be available to remain after completion, subject to agreement.

• The company can serve as a foundation for a new operating model, including onboarding procedures, transaction monitoring, sanctions screening, customer verification and reporting controls.

The business requires ongoing compliance with applicable Australian AML/CTF obligations, including:

• Customer identification and verification.

• Beneficial-owner checks.

• Risk-based customer classification.

• Transaction monitoring.

• Suspicious-matter reporting.

• Recordkeeping and regulatory reporting.

• Ongoing review of digital-currency and remittance activity.

Any change in ownership, management, business model, responsible personnel, banking arrangements or service providers should be assessed against AUSTRAC requirements before implementation.

An Australian AUSTRAC-registered DCE and money-remittance platform offering dual regulatory coverage for digital-currency exchange and money-transfer services. Suitable for a qualified crypto, remittance or fintech operator seeking an Australian regulatory foundation with existing corporate infrastructure, a previously opened account and potential staff continuity.