US fintech Transak launches in Australia as a registered Digital Currency Exchange

US fintech Transak has announced that it is now officially registered with AUSTRAC in Australia as a Digital Currency Exchange, strengthening the company’s commitment to security, compliance, and seamless global fiat-to-crypto access.

Transak is a global web3 infrastructure provider offering a comprehensive suite of fiat-to-crypto solutions, enabling seamless and secure on-ramps for businesses and individuals worldwide.

What this registration means for Web3 businesses and users in Australia:

• Regulatory Compliance – Transak now operates under AUSTRAC’s regulatory framework.
• Seamless Fiat-to-Crypto Access – Easily onboard users with AUD support & easy purchase via bank/cards.
• Enhanced Trust & Security – Fully compliant transactions with robust KYC and AML policies.

Transak have stated that this milestone reinforces their mission to provide trusted and compliant on-ramp solutions for businesses worldwide.