Revolut has secured a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), marking a major step in its European crypto expansion. The license allows the fintech company to provide regulated crypto services across all 30 countries in the European Economic Area (EEA).

With more than 65 million customers globally, including 40 million in Europe, Revolut is now positioned to expand its digital asset operations under a unified European framework. The company said the move reinforces its long-term commitment to making crypto a core part of its financial ecosystem.

MiCA License Opens Europe-Wide Crypto Access

The MiCA authorization allows Revolut to market and operate its full suite of crypto products under a regulated structure, increasing investor protection and transparency. Costas Michael, CEO of Revolut Digital Assets Europe, said the approval reflects the firm’s commitment to responsible innovation.

“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,” Michael said in a statement shared with the press.

The approval follows months of preparation as Revolut adapts to new European crypto rules that will come fully into effect in 2025. The company said the license provides the clarity and stability needed to expand offerings like trading, staking, and stablecoin conversions.

Launch of “Crypto 2.0” Platform

Alongside the licensing news, Revolut introduced “Crypto 2.0,” its next-generation crypto platform designed to provide one of the broadest and most cost-effective trading experiences in Europe. The new platform will support more than 280 tokens, zero-fee staking with yields of up to 22% annual percentage yield (APY), and instant 1:1 stablecoin-to-US dollar conversions without hidden spreads.

The fintech also highlighted that users can integrate their crypto balances with Revolut Visa or Mastercard cards, allowing for seamless payments and on/off-ramping between fiat and digital assets. Combined with Revolut X’s ultra-low trading fees ranging from 0.00% to 0.09%, the platform aims to attract both retail and professional users seeking affordability and flexibility.

“When paired with our crypto-enabled cards and real-time trading infrastructure, Crypto 2.0 offers one of the most comprehensive digital asset ecosystems in Europe,” the company said.

Expansion of Revolut X Across Europe

Last year, Revolut launched Revolut X, a desktop crypto exchange designed for advanced traders. The platform initially offered trading for 100 tokens with minimal fees and fast conversion options between crypto and fiat.

Following strong demand, Revolut expanded Revolut X across all 30 EEA markets, adding mobile support through the App Store and Google Play. The exchange now serves over 14 million crypto users globally, according to company data.

Revolut said it will continue to enhance both platforms in parallel, with Crypto 2.0 targeting mainstream users and Revolut X catering to high-volume traders seeking advanced features.

Growing Focus on Institutional and Derivatives Markets

Revolut’s latest developments also signal a growing focus on institutional-grade crypto products. In June, a company spokesperson confirmed that Revolut was strengthening its crypto division to serve institutional clients and explore derivatives trading.

Reports earlier this year suggested that the company was preparing to enter the crypto derivatives market, an area that has attracted increasing interest from regulated European firms following the introduction of MiCA.

In addition to its crypto ambitions, Revolut announced plans in May to invest more than 1 billion euros ($1.1 billion) in France over the coming years. The company also applied for a local banking license to support broader financial services expansion in the region.

Building a Comprehensive Financial Ecosystem

The MiCA license and the launch of Crypto 2.0 form part of Revolut’s strategy to become a fully integrated financial super app. The company has steadily diversified beyond payments and banking to include investing, foreign exchange, insurance, and digital assets.

By obtaining regulatory clarity through MiCA, Revolut gains a significant advantage in a market where many competitors still face uncertainty over compliance. The new license also ensures users can access a consistent and transparent crypto experience across Europe.

With its upgraded crypto offerings, streamlined mobile and desktop experiences, and expansion into institutional markets, Revolut appears set to strengthen its position as one of Europe’s leading fintech innovators.