Pepperstone Prepares to Launch Regulated Spot Crypto Exchange

By Staff Writer

25th Nov 2025

Brokers

Brokers

• Pepperstone plans to launch its own spot crypto exchange in Australia, signaling direct competition with platforms like Binance and Coinbase.
• The move comes as traditional brokers increasingly enter the crypto space, aligning with industry shifts and regulatory developments.
• With Australia’s licensing framework evolving, Pepperstone’s existing ASIC regulation may offer a key advantage for local investors.

Australian-based CFD broker Pepperstone is preparing to launch its own spot cryptocurrency exchange in Australia, marking a strategic move that could reshape the competitive landscape for digital asset trading.

Speaking at Sydney’s AusCryptoCon, one of the Southern Hemisphere’s largest crypto and blockchain conventions, Pepperstone CEO Tamas Szabo confirmed the upcoming launch, pending final regulatory approval. This marks Szabo’s first appearance at the event and signals Pepperstone’s intent to compete head-to-head with major crypto-native exchanges like Binance, Coinbase and Kraken.

While many traditional brokers have opted to partner with existing crypto platforms, Pepperstone is taking a bolder approach by building its exchange from the ground up. Once live, the platform will offer direct access to spot crypto markets, enhancing the firm’s already diverse multi-asset trading ecosystem.

A Growing Trend

This move aligns with a broader industry trend. In the UK, IG Group was the first listed broker to secure a cryptoasset license, allowing it to offer crypto under its own pricing and infrastructure. Similarly, CMC Markets has obtained a digital asset license via Bermuda, though has yet to launch a dedicated crypto exchange.

Notably, as crypto exchanges like Kraken and Crypto.com seek traditional financial licences, the gap between brokers and native platforms continues to narrow, setting the stage for a convergence of offerings.

The Regulatory Landscape

Australia’s evolving regulatory environment may also work in Pepperstone’s favor. As the country finalizes a new licensing framework for digital asset service providers, the firm’s existing regulation under ASIC could give it a crucial edge. Post-FTX, Australian investors are increasingly wary of unregulated offshore platforms and may gravitate toward trusted, local institutions.

If successful, Pepperstone could become the go-to provider for Australian traders seeking a regulated spot crypto experience underpinned by the stability and reputation of a global brokerage.

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