Fintech major Revolut has received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated crypto services across all 30 countries in the European Economic Area (EEA).
Revolut, which serves more than 65 million customers globally, said the authorization cements its compliance-first approach to crypto in an emailed announcement on Thursday.
The company plans to roll out “Crypto 2.0,” an expanded platform featuring more than 280 tokens, zero-fee staking with rewards of up to 22% annual yield, and direct 1:1 stablecoin-to-USD conversions with no spread, according to a press release on Thursday.
Revolut’s move comes as MiCA takes effect across the EU, reshaping how exchanges and wallet providers operate. The firm’s Cyprus base will serve as a hub for its EEA crypto operations, building on the success of its Revolut X trading platform and crypto integration with wallets like MetaMask and Ledger.
“Securing the licence 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.”
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