Revolut has secured a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), paving the way for the fintech giant to roll out its next-generation crypto services across the European Economic Area (EEA). The authorization marks a major step in Revolut’s efforts to expand its presence in Europe’s fast-evolving digital asset sector.
MiCA License Unlocks Europe-Wide Expansion
With the MiCA license, Revolut can now offer regulated crypto services in all 30 EEA markets under a unified framework. This milestone strengthens its commitment to compliance and transparency in an industry that continues to face heightened scrutiny.
“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,” said Costas Michael, CEO of Revolut Digital Assets Europe.
The firm, which serves more than 65 million customers globally, including 40 million in Europe, plans to use the license to broaden access to its full suite of crypto products—ranging from trading and staking to stablecoin conversions.
Introducing Revolut’s Crypto 2.0 Platform
Alongside the license announcement, Revolut unveiled Crypto 2.0, a next-generation platform designed to deliver one of the most comprehensive crypto experiences in Europe. The upgraded platform will support over 280 tokens, offering users access to an expanded range of digital assets.
Crypto 2.0 also introduces zero-fee staking with returns of up to 22% annual percentage yield (APY), aiming to attract both casual and experienced investors. Another highlight is a 1:1 stablecoin-to-US dollar conversion, with no spreads, ensuring greater price stability for users who prefer dollar-pegged assets.
Revolut teases its new platform Crypto 2.0. Source: Revolut
Revolut said the platform’s integration with Revolut Visa and Mastercard will make spending crypto as simple as using fiat currencies. Users will benefit from seamless on- and off-ramping tools and low trading fees through Revolut X, ranging from 0.00% to 0.09% per transaction.
From Revolut X to Crypto 2.0: Building a Full Ecosystem
Revolut’s latest expansion builds on the success of Revolut X, its dedicated desktop exchange launched last year for professional traders. Revolut X currently offers trading for more than 100 tokens with low fees and real-time fiat-crypto conversions.
Since its launch, the exchange has grown rapidly, reaching over 14 million crypto users worldwide, according to the company. The platform is now available on both the App Store and Google Play, further extending access to its mobile user base.
By integrating Revolut X and Crypto 2.0 under a unified offering, the fintech aims to deliver a complete crypto ecosystem that combines advanced trading tools with user-friendly financial services.
Expanding Into Institutional and Derivatives Markets
Revolut’s ambitions extend beyond retail crypto trading. In June, a company spokesperson confirmed that Revolut is expanding its crypto division to better serve institutional clients. The move followed reports that the fintech was preparing to enter the crypto derivatives market—an area typically dominated by established exchanges and investment firms.
This push into derivatives suggests that Revolut is positioning itself to compete with major global players, offering a wider range of investment products while maintaining compliance with EU regulatory standards.
Strengthening Presence in France and Beyond
Revolut’s European expansion doesn’t stop with crypto. Earlier this year, the company announced plans to invest over 1 billion euros ($1.1 billion) in France as part of its long-term growth strategy in the region. It has also applied for a local banking license in France, a move that would allow it to integrate traditional financial services with its digital offerings more seamlessly.
These developments align with Revolut’s broader vision of becoming a one-stop financial platform combining banking, payments, and crypto—all under one roof. The MiCA license provides the regulatory clarity needed to execute that vision at scale.
A New Era for Regulated Crypto in Europe
The MiCA framework, which came into force earlier this year, aims to create a consistent rulebook for crypto companies operating in the EU. By obtaining this license, Revolut joins a select group of firms positioned to offer regulated digital asset services under the new regime.
For customers, this means greater trust, transparency, and investor protection, while for Revolut, it opens the door to new products and cross-border growth opportunities. With Crypto 2.0, the company appears ready to leverage its established user base and expand its influence in Europe’s evolving crypto landscape.
Revolut’s latest moves underscore its long-term commitment to integrating digital assets into mainstream finance, bridging the gap between traditional banking and the next wave of decentralized innovation.
