Coinbase Granted AFSL License in Australia by Financial Regulator
Cointelegraph
Coinbase has secured an Australian financial services license, enabling plans to expand into stock trading, futures, and other traditional financial products.Summary
Coinbase has obtained an Australian financial services license (AFSL), allowing the exchange to move beyond digital assets into traditional financial services. Regional managing director John O'Loghlen stated that the firm plans to offer stock trading, futures, options, and payments to compete with traditional providers. This licensing subjects Coinbase to strict regulatory standards, aligning with Australia's broader legislative efforts to establish a framework for digital assets through the Corporations Amendment (Digital Assets Framework) Bill 2025.
(Source：Cointelegraph)