Australian Crypto Exchange Swyftx Will Close Its Crypto Interest Product

Australian crypto exchange Swyftx will close its crypto interest product tomorrow because of the country's "changing regulatory situation" on crypto products. Since January 10, Swyftx will stop operating the Earn program, and all users' Earn balances will be returned to the their wallet.

Swyftx said that although this decision may disappoint users, they are committed to doing the best for the plan in the short term. "Although we believe in the value and potential of crypto, what we need now is to wait for the regulation of crypto products to become clearer. “

Source

Exchanges

Related News
The U.S. DOJ Charges Against KuCoin and its Founders The U.S. DOJ Charges Against KuCoin and its Founders
BloFin Announces Platinum Sponsor of TOKEN2049 Dubai 2024 BloFin Announces Platinum Sponsor of TOKEN2049 Dubai 2024
Bitget Wallet Appoints Ex-BNB Chain Senior Executive Alvin Kan As COO Bitget Wallet Appoints Ex-BNB Chain Senior Executive Alvin Kan As COO
Crypto Bankruptcy Claims Platform OPNX to Shut Down Crypto Bankruptcy Claims Platform OPNX to Shut Down
Mt. Gox Creditors Start Receiving Repayments, Some Being Paid Twice Mt. Gox Creditors Start Receiving Repayments, Some Being Paid Twice
Latest News More More
14 Hours Ago Mining Pool ViaBTC to Auction the "Epic Sat" After Mined the Bitcoin Fourth Halving Block
14 Hours Ago Tether to Freeze Assets Related to Sanctioned Entities in Venezuela
15 Hours Ago Payment Firm Block to Develop a Bitcoin Mining System
1 Day Ago Tether Partnered with Telegram to Launch USDT Payment
1 Day Ago Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open