Revolut, the global fintech giant serving over 65 million customers worldwide, including more than 40 million in Europe, has obtained a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC).
The authorization allows Revolut to offer and market its crypto-asset services across all 30 countries in the European Economic Area (EEA), positioning the company at the forefront of Europe’s regulated digital-asset landscape.
The license marks a major milestone for Revolut’s long-term Web3 strategy and reinforces its commitment to regulatory compliance in the fast-evolving crypto sector. The Cyprus entity will serve as the firm’s operational hub for EEA crypto activities, ensuring alignment with the EU’s new MiCA framework.
Building on the success of its UK-launched exchange, Revolut X, the fintech plans to debut “Crypto 2.0,” an upgraded platform featuring access to more than 280 tokens, zero-fee staking with potential rewards of up to 22% annual percentage yield (APY), and 1:1 stablecoin-to-USD conversions with no spreads. The new offering aims to deliver one of the most comprehensive and cost-efficient crypto experiences in Europe.
When combined with Revolut’s Visa and Mastercard crypto-enabled cards, Revolut X’s low trading fees (ranging from 0.00% to 0.09%), and seamless on/off-ramping capabilities, the platform is designed to serve both retail and professional users with a unified digital-finance ecosystem.
Revolut, which first introduced crypto trading in 2017, now counts over 14 million crypto users globally across its core app and Revolut X exchange. The company has also expanded its “Revolut Ramp” solution, allowing users to purchase crypto directly into their wallets via integrations with MetaMask and Ledger.
“Securing the MiCA licence reflects CySEC’s trust in our regulatory standards,” said Costas Michael, CEO of Revolut Digital Assets Europe. “This approval provides the clarity we need to deliver trusted, next-generation crypto products for Europe’s growing digital-finance community.”