Another Australian crypto exchange called Blockbid has received a license. Representatives of the crypto exchange said that the license was obtained from the Australian Center for Accounting and Analysis of Financial Transactions. This exchange is a safe platform. Their slogan is "trade with confidence". The platform also guarantees protection against any possible cyber attacks. In addition, the trading exchange intends to add 7 fiduciary currencies before the end of this year.
Recall that earlier the Australian Financial Operations Clearinghouse tightened the requirements for exchanges. Meanwhile, the Coinspot platform has announced that it has received an Australian license. The requirements of the regulator included mandatory registration, compliance with the requirements of the departments for combating money laundering and financial terrorism, as well as KYC. Another requirement is the mandatory reporting of suspicious transactions to the authorities.