Revolut Wins EU-Wide Crypto License Under MiCA Rules in Major Advancement

Fintech giant Revolut has received a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), paving the way for the company to offer regulated crypto services across the European Economic Area (EEA). The license allows Revolut to operate under a unified regulatory framework, granting access to 30 European markets and strengthening its foothold in the digital asset sector. “This authorisation enables us to deliver groundbreaking crypto products with enhanced transparency and trust for our growing customer base, while further reiterating our commitment to crypto as an asset class,” said Costas Michael, CEO of Revolut Digital Assets ￰0￱ Expands Crypto Ambitions The move marks a significant step in Revolut’s expansion strategy as it prepares to launch its “Crypto 2.0” platform, designed to enhance trading, staking, and stablecoin services for users.

Revolut, which has more than 65 million customers worldwide — including 40 million in Europe — said the license would help it scale its crypto offerings under MiCA’s investor protection and compliance ￰1￱ fintech’s upcoming platform, Crypto 2.0, will feature access to more than 280 tokens, zero-fee staking with yields up to 22% annual percentage yield, and instant 1:1 stablecoin-to-dollar conversions without ￰2￱ Crypto 2.0 and Revolut X Revolut said Crypto 2.0 would integrate seamlessly with its Visa and Mastercard crypto-enabled cards and Revolut X exchange, offering low trading fees between 0.00% and 0.09%. The company aims to provide one of the broadest crypto experiences in Europe by combining on/off-ramping tools with transparent pricing and advanced security ￰3￱ X, launched last year as a dedicated desktop trading platform, supports over 100 tokens and is now available in 30 EEA markets with mobile access via iOS and ￰4￱ company said Revolut X has already attracted more than 14 million crypto users globally, underscoring its growing dominance in digital asset ￰5￱ Ahead to Crypto Derivatives Revolut is reportedly exploring expansion into the crypto derivatives market, targeting institutional clients.

A company spokesperson confirmed in June that Revolut is strengthening its crypto division, following reports of plans to enter derivatives ￰6￱ May, the firm also announced a €1 billion investment in France and revealed intentions to apply for a local banking license — part of its broader European growth strategy.