Revolut secures MiCA license in Cyprus to launch Europe-wide crypto services
Revolut obtained a MiCA license from CySEC, allowing it to offer regulated crypto services across the entire European Economic Area.Summary
Revolut has secured a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling the fintech to offer regulated crypto services across all 30 markets in the European Economic Area (EEA). This authorization supports Revolut’s expansion plans, including the launch of its next-generation “Crypto 2.0” platform. Costas Michael, CEO of Revolut Digital Assets Europe, stated the license allows them to deliver enhanced, transparent crypto products. The new Crypto 2.0 platform will feature access to over 280 tokens, zero-fee staking with up to 22% APY, and 1:1 stablecoin-to-USD conversion without spreads. This complements existing offerings like Revolut X, a dedicated desktop exchange launched last year, which now supports mobile access across the EEA and serves over 14 million global crypto users.
(Source：Cointelegraph)