Revolut Secures MiCA License in Cyprus, Expanding Crypto Services Across EEA
Revolut has obtained a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling the fintech giant to offer regulated crypto services across the European Economic Area. The authorization solidifies Revolut's compliance-first approach as it prepares to launch 'Crypto 2.0,' featuring over 280 tokens, zero-fee staking, and 1:1 stablecoin conversions.
The London-based firm, serving 65 million customers globally, will leverage the license to expand its crypto offerings, including competitive fee structures and enhanced trading capabilities. This MOVE aligns with broader institutional adoption trends in digital assets, reinforcing Revolut's position as a key player in the evolving crypto landscape.