Sydney, Australia (Jan 8, 2024) – Coins.ph, a leading Philippine financial technology company, has secured its Digital Currency Exchange (DCE) registration with AUSTRAC, paving the way for its expansion into Australia. This move signals a potential shake-up in the country’s crypto landscape, promising more choices, competitive fees, and a commitment to compliance.
Coins CEO Wei Zhou stated “Coins.ph is primed for global expansion. Our journey began nearly a decade ago in the Philippines, and since then, we’ve onboarded 18 million customers and expanded our services in both the digital asset exchange business and in e-wallet services.”
“Our team has top-tier talents with global experience in this industry. We’re thrilled to bring these capabilities to new markets.”
Coins.ph’s entry into Australia is a significant development in the region’s digital asset market. Stay tuned for further updates as the company navigates the final regulatory steps and prepares to launch its innovative platform in Australia
Coins.ph is a financial technology company based in the Philippines that provides a mobile wallet and cryptocurrency exchange platform. The company has over 16 million users and is a major player in the Philippines’ digital asset market.