Swyftx eyes crypto payments after securing Australian license

CoinTelegraph·

Swyftx eyes crypto payments after securing Australian license

60-second summary

Swyftx is expanding its services after securing an Australian license, enabling it to offer payment solutions. Interim co-CEO Andrea Yuen states the company will no longer be a pure crypto spot exchange, indicating a shift towards broader financial offerings. This move positions Swyftx for increased adoption and mainstream recognition in the crypto and traditional finance sectors.

Swyftx interim co-CEO Andrea Yuen says the company "won’t be a pure crypto spot exchange in future,” after it secured a license allowing it to offer payment services.