Zebpay Opens Crypto Exchange In Australia

John Biggs
May 8, 2019 at 22:00 UTC
news

Popular crypto exchange Zebpay has announced that it is going down under.

The exchange announced in-country AUD support on Twitter today. It joins exchanges like Coinbase and CoinCorner in supporting the continent.

Zebpay added Euro to their offering in December 2018 and has been quickly adding markets in 2019. The company was left in a lurch during the September 2018 Indian crypto ban but has now expanded into over 100 markets.

“At the beginning of 2019, Zebpay was available in 20 international markets,” said Ajeet Khurana, CEO. “Today, we add Australia to our crypto-family and can gratefully say we have a presence in over 132 international crypto-economies, which speaks volumes to our community’s ambition. Australia is an ideal market for Zebpay’s services with its clear stance on regulation, openness to fintech innovation and thirst for crypto products.”

Khurana said the “clarity of Australia’s regulatory atmosphere” made it an “appealing country” for expansion. The company acquired a AUSTRAC license from Australia’s financial regulatory agency.

Zebpay image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.