Revolut has secured a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling it to offer regulated cryptocurrency services across all 30 countries in the European Economic Area (EEA).
Revolut, which serves more than 65 million customers worldwide, said the authorisation reaffirms its compliance-first approach to digital assets, CoinDesk reported.
The company plans to launch “Crypto 2.0,” an upgraded platform featuring over 280 tokens, zero-fee staking with rewards of up to 22% annual yield, and direct 1:1 stablecoin-to-USD conversions without spread.
Revolut’s Cyprus base will act as a hub for its EEA crypto operations as MiCA regulations take effect across the EU, reshaping how exchanges and wallet providers operate.
The move builds on the success of its Revolut X trading platform and integrations with wallets such as MetaMask and Ledger.
“Securing the license reflects CySEC’s trust in our regulatory standards,”
said Costas Michael, CEO of Revolut Digital Assets Europe.
“MiCA gives us the clarity to deliver trusted, next-generation crypto products for Europe’s growing digital finance community.”
Featured image credit: Edited by Fintech News Switzerland, based on image by appshunter.io via Unsplash
