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Toobit Announces AUSTRAC Registration, Bolstering Security and Service for Australian Crypto Traders
manilatimes45d ago

Toobit Announces AUSTRAC Registration, Bolstering Security and Service for Australian Crypto Traders

GEORGE TOWN, Cayman Islands, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Toobit, the award-winning global cryptocurrency exchange, today announces its successful registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a Digital Currency Exchange (DCE), in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.What This Means for Australian TradersFor Toobit's growing community in Australia, this registration translates into immediate practical benefits and enhanced service reliability:Reliable banking connectivity and AUD on-ramps: As an AUSTRAC-registered DCE, Toobit provides a recognized pathway for Australian financial institutions, reducing the likelihood of bank-side transaction delays or blocks on AUD transfers.Enhanced fraud prevention: Toobit maintains high-standard Know Your Customer (KYC) and transaction monitoring protocols to protect traders from illicit activity, meeting the strict requirements of the AML/CTF Act.Travel Rule compliance: Toobit's registered status allows traders to move assets between wallets and other global exchanges without the compliance freezes often associated with unregistered entities. "Securing our AUSTRAC registration is a pivotal step in our mission to provide a transparent and professional trading environment for Australians," said Mike Williams, Chief Communication Officer at Toobit. "Meeting these rigorous standards allows us to build a foundation of trust so our traders can navigate global markets with uncompromising security and greater transparency."The AUSTRAC registration builds upon Toobit's successful Polish VASP license acquisition, obtained in anticipation of the EU's Markets in Crypto‐Assets (MiCA) framework. By applying these high-level European standards to its Australian operations, Toobit ensures a regulated experience defined by comprehensive security protocols and full alignment with the nation's evolving regulatory landscape.The Australian digital asset sector enters 2026 with historic momentum. Industry forecasts project local market revenue to reach AUD 1.2 billion this year, driven by a nearly 20% annual growth rate.With global crypto adoption now exceeding 21% of internet-connected adults, 2026 marks a shift toward regulated entities. Australian traders are increasingly prioritizing registered providers that offer verified fraud protection and adhere to the latest national Travel Rule standards.About ToobitToobit is where the future of crypto trading unfolds-an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit provides traders worldwide with the tools to navigate the digital asset markets through a fair, secure, and transparent experience. As the Official Regional Partner of LALIGA, Toobit gives traders the opportunity to play on a bigger stage and discover what's next.For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | InstagramContact: Davin C.Email: market@toobit.comWebsite: www.toobit.comDisclaimer: This sponsored content is provided by the content provider and does not necessarily reflect the views of this media platform or its publisher. The information is shared for general informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency and mining-related activities carry risks, including the potential loss of capital, and readers are encouraged to conduct their own research and seek professional advice where appropriate. Speculate only with funds that you can afford to lose.The media platform and publisher assume no responsibility for any losses or claims arising from reliance on this content. GlobeNewswire does not endorse any content on this page.Legal Disclaimer: This article is provided on an "as-is” basis, without warranties or representations of any kind, express or implied. The media platform assumes no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information presented. Any complaints, claims, or copyright concerns related to this article should be directed to the content provider mentioned above.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11f0e1ab-7072-4411-8708-9db1bdc704b7

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Sound Financial Bancorp (NASDAQ:SFBC) vs. First Hawaiian (NASDAQ:FHB) Critical Survey
themarketsdaily45d ago

Sound Financial Bancorp (NASDAQ:SFBC) vs. First Hawaiian (NASDAQ:FHB) Critical Survey

First Hawaiian (NASDAQ:FHB – Get Free Report) and Sound Financial Bancorp (NASDAQ:SFBC – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends and valuation. Profitability This table compares First Hawaiian and [...]

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Coeur Mining (NYSE:CDE) Downgraded by Canaccord Genuity Group to Hold
watchlistnews45d ago

Coeur Mining (NYSE:CDE) Downgraded by Canaccord Genuity Group to Hold

Coeur Mining (NYSE:CDE – Get Free Report) was downgraded by analysts at Canaccord Genuity Group from a “buy” rating to a “hold” rating in a research note issued to investors on Friday,Finviz reports. A number of other analysts have also commented on CDE. Cantor Fitzgerald lowered Coeur Mining from an “overweight” rating to a “hold” [...]

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GBP Outlook: The Puzzling Divergence of Strong UK Data and Imminent BoE Rate Cuts
bitcoinworld45d ago

GBP Outlook: The Puzzling Divergence of Strong UK Data and Imminent BoE Rate Cuts

BitcoinWorldGBP Outlook: The Puzzling Divergence of Strong UK Data and Imminent BoE Rate CutsLONDON, March 2025 – The British pound (GBP) currently faces a complex and seemingly contradictory economic narrative. Recent robust UK data releases clash directly with growing market expectations for the Bank of England (BoE) to initiate interest rate cuts. This divergence creates a pivotal moment for currency traders and economic observers, forcing a nuanced analysis [...]This post GBP Outlook: The Puzzling Divergence of Strong UK Data and Imminent BoE Rate Cuts first appeared on BitcoinWorld.

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10 Best Pet Stocks to Buy According to Hedge Funds
insidermonkey45d ago

10 Best Pet Stocks to Buy According to Hedge Funds

In this article, we will look at the 10 Best Pet Stocks to Buy According to Hedge Funds. On February 12, Tom Lee of Fundstrat and Bitmine appeared on CNBC’s ‘Closing Bell’ to discuss the state of the markets and large themes moving stocks. He was of the view that stocks took a hit, partly [...]

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AUD/USD Forecast: Hawkish Data Drives Steady Gains as OCBC Reveals Bullish Outlook
bitcoinworld45d ago

AUD/USD Forecast: Hawkish Data Drives Steady Gains as OCBC Reveals Bullish Outlook

BitcoinWorldAUD/USD Forecast: Hawkish Data Drives Steady Gains as OCBC Reveals Bullish OutlookSYDNEY, March 2025 – The Australian dollar continues its measured ascent against the US dollar, with recent hawkish economic data providing fundamental support for sustained gains according to OCBC’s latest analysis. Market participants now monitor the currency pair’s trajectory as shifting monetary policy expectations reshape the forex landscape. AUD/USD Technical and Fundamental Convergence Currency analysts [...]This post AUD/USD Forecast: Hawkish Data Drives Steady Gains as OCBC Reveals Bullish Outlook first appeared on BitcoinWorld.

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