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Swyftx obtains Australian financial services license, seeking opportunities in crypto payment sector

2026-07-08 16:42:47

Abstract generation in progress

Golden Finance reported that on July 8, according to Cointelegraph, Australian cryptocurrency exchange Swyftx obtained an Australian financial services license, stating that it will seek opportunities in the cryptocurrency payment space. The license allows Swyftx to offer derivatives such as cryptocurrency options or futures to retail clients, and authorizes it to provide non-cash payment services, thereby enabling the fintech company to offer payment services to businesses and retail customers.
Swyftx interim co-CEO Andrea Yuen said that after obtaining the license to provide payment services, the company will no longer be a pure cryptocurrency spot exchange. Swyftx currently does not hold an AFSL license for spot cryptocurrency trading.

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