Revolut Secures MiCA License to Expand Crypto Services Across Europe

• Revolut gains MiCA license, securing regulated crypto access across all 30 EEA markets.
• New Crypto 2.0 initiative adds 280+ tokens, 1:1 stablecoin swaps, and up to 22% staking yield.
• MiCA approval reinforces Revolut’s compliance strategy and expands its digital finance footprint.

Revolut has obtained a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), authorizing the fintech to provide regulated crypto-asset services across all 30 European Economic Area (EEA) markets. The approval positions Revolut among the few major fintechs to operate under the European Union’s MiCA framework, which introduces standardized oversight for digital asset services.

According to the company, the license will enable it to maintain its compliance-first approach as it continues to serve crypto customers in the United Kingdom and across the EEA. The authorization also supports its ongoing expansion plans in Europe’s digital finance sector.

Next-Generation “Crypto 2.0” Initiative

Revolut plans to roll out its “Crypto 2.0” program, which includes over 280 supported tokens and staking options with variable annual percentage yields of up to 22%. The firm stated it will introduce 1:1 stablecoin-to-USD conversions without spreads and zero platform fees on staking. The move is part of its effort to create a regulated environment for crypto transactions across Europe.

The company warned that staking and stablecoin activities involve cryptocurrency-specific risks such as asset loss or volatility. It advised users to review risk summaries before participating in related services.

Expanding Product Ecosystem

Revolut introduced its standalone cryptocurrency exchange, Revolut X, in the United Kingdom last year and has since expanded it across the EEA. The exchange offers trading fees ranging from 0.00% to 0.09% and now supports access via mobile applications on both iOS and Android platforms. The firm reported more than 14 million crypto users globally across its retail and exchange platforms.

Additionally, Revolut’s Ramp product allows users to purchase crypto directly within wallets such as MetaMask and Ledger, aiming to simplify the on-ramp process for digital asset transactions.

Costas Michael, CEO of Revolut Digital Assets Europe, stated that the authorization serves as a key move in aligning with EU regulatory expectations. Emil Urmanshin, Director of Crypto and New Bets, added that the MiCA license brings regulatory clarity that can strengthen trust in the digital asset market.