Revolut MiCA License Enables Crypto Services Across EEA
Revolut Secures Key Crypto License from CySEC
Revolut has obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), allowing the fintech to offer regulated crypto asset services in all 30 markets of the European Economic Area (EEA). This significant milestone supports Revolut’s strategy to expand its crypto market presence and brings new regulatory clarity to its European operations.
The MiCA license enables Revolut to market its full suite of digital asset products throughout the EEA under a harmonized framework, making it one of the few companies authorized to do so as the region transitions to the new regulation regime for crypto assets. The company currently claims over 65 million users globally, with 40 million based in Europe.
Launch of Crypto 2.0 and Expanded Product Suite
Alongside the regulatory approval, Revolut announced the upcoming launch of its “Crypto 2.0” platform. According to a news release quoted by Cointelegraph, the new platform will provide access to over 280 tokens. Users will also benefit from zero-fee staking products with yields up to 22% annual percentage yield and 1:1 stablecoin-to-US dollar conversions without added spreads.
Costas Michael, CEO of Revolut Digital Assets Europe, stated, “This authorisation enables us to deliver groundbreaking crypto products with enhanced transparency and trust… further reiterating our commitment to crypto as an asset class,” as reported by Cointelegraph.
Revolut’s new crypto-enabled Visa and Mastercard cards, coupled with robust on/off-ramp tools and the Revolut X trading platform, offer seamless crypto trading with low transaction fees of 0.00%–0.09%. This suite makes Revolut one of the most accessible and cost-effective crypto platforms in the European market.
Market Expansion and Institutional Plans
Since last year, Revolut has accelerated its crypto expansion in Europe by launching Revolut X, a desktop exchange designed for experienced traders, now supporting trades in 100 tokens and featuring real-time on/off-ramping. The exchange, which supports mobile app access, is available in all 30 EEA markets and has attracted over 14 million crypto users, according to the company.
In June, a Revolut spokesperson confirmed the company’s intention to further enhance its crypto expertise, including tailored services for institutional clients. This follows reports about Revolut’s possible entry into the crypto derivatives market, signaling its interest in capturing a broader segment of crypto trading activity within regulatory bounds.
Separately, in May, Revolut revealed plans to invest over 1 billion euros (around $1.1 billion) in France and continue seeking a local banking license as part of its broader European growth initiative.
What’s Next for Revolut and the Crypto Market
With the MiCA license in hand, Revolut is positioned to deliver regulated digital asset products to millions of users across the EEA and respond to evolving market demand for compliant and innovative crypto solutions. The firm’s strategy reflects ongoing adaptations in the European fintech sector as new regulations reshape how firms operate in the digital asset space.
For more news on cryptocurrency regulation and market developments, visit the Vizi cryptocurrency section.
Sources
Reporting via Cointelegraph
