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Swyftx Gains License to Power Crypto Payments | Bitcoin and Crypto News
Description
Swyftx just got Australia’s Financial Services License — big deal. Now they can offer derivatives and payments, aiming to disrupt traditional merchant fees as credit card surcharges vanish in October. Their co-CEO says they’re no longer just a crypto spot exchange, but a global launchpad for regulated crypto services — while the regulator gives other firms until September 30 to apply, with a hard deadline of April 9, 2027. Crypto ownership in Australia is surging — 33% of Aussies now hold digital assets, with Gen Z leading the charge.
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