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ASF Group Limited ( (AU:AFA) ) has shared an update.
ASF Group Limited announced that its subsidiary, ASF Capital Pty Ltd, has been registered as a Digital Currency Exchange service provider with AUSTRAC, marking a significant step in its expansion into regulated digital-asset services. This registration allows ASF Capital to engage in compliant digital currency transactions, aligning with AUSTRAC’s regulatory framework, and underscores its commitment to compliance and innovation in the digital finance sector. The company is also forming strategic partnerships to develop secure trading solutions, aiming to bridge traditional financial markets with the emerging digital-asset sector in Australia and the Asia-Pacific region.
More about ASF Group Limited
ASF Group Limited operates in the financial services industry, focusing on digital currency exchange services through its subsidiary ASF Capital Pty Ltd. The company is expanding into regulated digital-asset services, complementing its existing Australian Financial Services Licence (AFSL) to facilitate compliant currency exchanges.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.55M
For an in-depth examination of AFA stock, go to TipRanks’ Overview page.