Revolut Secures MiCA License to Launch Crypto 2.0 Across Europe

7 hour ago

Fintech giant Revolut has officially obtained authorization under the Markets in Crypto-Assets (MiCA) framework from the Cyprus Securities and Exchange Commission (CySEC), enabling the launch of its Crypto 2.0 initiative across the European Economic Area (EEA). The license, secured on October 23, 2025, allows Revolut to offer compliant crypto services in up to 30 EEA countries, positioning it among the first major fintech firms to operate fully under Europe's new unified regulatory regime for digital assets.

Under the new program, users will gain access to over 280 cryptocurrencies, broadening the platform's existing selection. Additionally, Revolut introduces zero-fee staking options with potential annual yields of up to 22%, subject to regional availability, and direct 1:1 stablecoin-to-USD conversions with no spread, simplifying fiat on- and off-ramps. These upgrades aim to enhance competitiveness with global exchanges while ensuring compliance with MiCA's consumer protection and transparency standards.

Revolut, with over 65 million users, has demonstrated strong momentum in its crypto division, with revenue surging 298% to $674 million in 2024. Costas Michael, CEO of Revolut Digital Assets Europe, emphasized the strategic importance, stating, "Securing the licence is a significant step in our journey, reflecting CySEC’s confidence in our commitment to regulatory compliance in crypto. It’s no secret that we have ambitious plans for the crypto sector in the future, and our MiCA license is fundamental to all of that." The MiCA framework, effective earlier this year, standardizes digital asset handling in the EU, and Revolut's early adoption could set a precedent for other global players expanding under similar regulations.