Revolut secures MiCA license in Cyprus to launch cryptocurrency services across Europe

TapChiBitcoin

Revolut has received a MiCA license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated cryptocurrency services across all 30 markets in the European Economic Area (EEA). This license supports Revolut's expansion into the crypto market as they prepare to launch the new generation platform “Crypto 2.0,” allowing access to over 280 tokens, free staking with yields up to 22% annually, and converting stablecoins to US dollars at a 1:1 rate with no spreads.

The company will use regulatory allowances to expand crypto trading, staking, and stablecoins, while integrating with Visa/Mastercard and the low-fee trading platform Revolut X. Revolut currently serves over 65 million customers globally, about 40 million in Europe, and is targeting the crypto derivatives market for institutional clients and expanding banking licenses in the region.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments