Revolut believes that license would help to ensure higher consumer confidence.
Crypto-friendly fintech company Revolut has introduced an international payment-targeted business account for customers in Australia, as it is allegedly operating to safeguard a banking license.
The London-based company provides a wide range of fiat payment services for customers in Europe and Australia. It also rolls out crypto services like purchasing and selling a specific number of crypto assets that also include Bitcoin.
In some particular regions, it also offers access to crypto-staking. In conversation with the CEO of Revolut’s Australian unit Matt Baxby, it was said that the company’s ultimate target is to offer an application or a medium where people can supervise and envision all their financial
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