Moonpay Registered with AUSTRAC in Australia, Offering Digital Currency Exchange Services

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September 14, 2024
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ChainCatcher reports that Moonpay, a crypto payment infrastructure provider, has registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), enabling them to offer digital currency exchange services in Australia. This registration allows Moonpay to establish local payment processing relationships and offer alternative payment methods for Australian users, such as Osko and Pay ID.

As a registered entity, Moonpay will comply with Australia's Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF), adhering to reporting, KYC, and record-keeping requirements.

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