The crypto-friendly digital bank said the license would hold them to a higher “regulatory standard” that could give consumers confidence.
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Crypto-friendly fintech firm Revolut has launched international payments-focused business accounts for clients in Australia, as it reportedly works to secure a banking license down under.
The London-based firm offers a range of fiat payment services for clients in Europe and Australia. It also offers crypto services, including the buying and selling of a number of crypto assets including Bitcoin (BTC), Ripple (XRP) and Ether (ETH). In certain regions, it also provides access to crypto-staking.
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Speaking with The Australian on May 17, the CEO of Revolut’s Australian unit, Matt Baxby suggested that the firm’s major aim is to provide an
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