Crypto.com has acquired Fintek Securities, an Australian brokerage regulated by the Australian Securities and Investments Commission (ASIC), which will enable the platform to offer a variety of traditional financial products to its Australian users. The acquisition provides Crypto.com access to Fintek’s Australian Financial Services Licence, allowing it to offer deposit products, derivatives, securities, and managed investment schemes. Fintek operates as a Contract for Difference (CFD) broker, facilitating trading in foreign exchange, commodities, and indices. Crypto.com's move comes amid a developing regulatory landscape for cryptocurrencies in Australia, where guidance remains limited. The firm is working closely with the government and ASIC to establish itself as a responsible player in the local market. With ongoing efforts to regulate cryptocurrency in Australia still in progress, companies are increasingly opting for acquisitions to accelerate their market entry and gain regulated status. Further details about Crypto.com's plans will be released in the upcoming weeks.

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