Revolut has obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), granting it the ability to provide regulated crypto services across all 30 markets within the European Economic Area (EEA).
With the MiCA license in hand, Revolut can now offer its full range of crypto services under a harmonized EU regulatory framework. The company, which serves over 65 million users globally, 40 million of them in Europe, plans to leverage the license to expand its crypto trading, staking, and stablecoin products.
“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.”
Costas Michael, CEO of Revolut Digital Assets Europe
Revolut Launches “Crypto 2.0” With Zero-Fee Staking and Expanded Token Access
Revolut has rolled out a new lineup of crypto products, highlighted by its next-generation platform, Crypto 2.0. The upgraded platform will give users access to more than 280 tokens, offer zero-fee staking with returns of up to 22% annual percentage yield (APY), and enable 1:1 stablecoin-to-US dollar conversions with no spreads.
“When paired with crypto-enabled Revolut Visa and Mastercard cards, seamless on/off-ramping tools, and Revolut X’s ultra-low trading fees (ranging from 0.00% to 0.09%), the platform delivers one of the most comprehensive and cost-efficient crypto experiences in Europe.”
Revolut
Revolut’s expansion builds on last year’s launch of Revolut X, a dedicated desktop crypto exchange designed for advanced traders. Initially offering trading on 100 tokens with real-time on/off-ramp features, the platform has since expanded across all 30 EEA markets and is now available on both the App Store and Google Play. According to Revolut, its global crypto user base has surpassed 14 million.
