Cryptocurrency exchange Zebpay has revealed that is going down under.
Announcing the news on Twitter May 6, Zebpay has enabled buying and selling of cryptocurrencies in AUD, joining other exchanges such as Coinbase and Coincorner is supporting Australia.
In December last year, Zebpay added Euro to its offering and has been rapidly adding markets in 2019. The firm faced challenging times during the Indian crypto ban in September last year but has now expanded into more than 100 markets.
Zebpay CEO Ajeet Khurana, “At the beginning of 2019, Zebpay was available in 20 international markets,” adding that, “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 stated that the “clarity of Australia’s regulatory atmosphere” made it an “appealing country” for expansion. The firm secured an AUSTRAC license from the country’s financial regulatory agency.