Recently purchased by Binance digital wallet Swipe has announced it had received a permission to launch services in the US.
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Details of the US launch campaign are yet to be revealed.
#Swipe is thrilled to announce we have received the green light to launch in the #USA 🇺🇸. More details surrounding the US launch campaign and the announcement of our new banking partners coming soon. Wallet & Card availability will open to US users thereafter.
— Swipe (@SwipeWallet) August 18, 2020
Powered by $SXP pic.twitter.com/xfTlpv6ZVl
Swipe was acquired by the Binance cryptocurrency exchange as part of the trading platform's efforts to launch its own debit card back in July for an undisclosed amount of money.
Swipe Co-Founder and CEO Joselito Lizarondo says the company is about to open Swipe to potentially over 200 million users in the US.
Binance not only acquired Swipe, but also listed the wallet's native token, so users can trade it with the following pairs: SXP/BTC, SXP/BNB and SXP/BUSD.
At press time, SXP is trading at $3.78.
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