Revolut Gets MiCA Approval in Cyprus to Expand Crypto Services Across Europe
Fintech giant prepares to dominate EU market with 280-token platform and zero-fee staking
Revolut has officially secured a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), granting it the ability to offer regulated crypto services across all 30 countries in the European Economic Area (EEA). The new authorization positions Revolut as one of the first major fintechs to fully operate under Europe’s upcoming crypto framework, strengthening its foothold in the digital asset space.
According to Revolut Digital Assets Europe CEO Costas Michael, the license represents a major step toward building trust and transparency in crypto. “This authorization enables us to deliver groundbreaking crypto products with enhanced transparency and trust for our growing customer base,” he said.
With over 65 million customers globally—40 million of them in Europe—Revolut is now preparing to roll out its next-generation platform, Crypto 2.0, which will feature access to more than 280 tokens, zero-fee staking with yields of up to 22% APY, and instant 1:1 stablecoin-to-USD conversions with no spreads.
The company emphasized that pairing these features with crypto-enabled Revolut Visa and Mastercard cards, as well as ultra-low trading fees through Revolut X (0.00%–0.09%), will create one of Europe’s most affordable and user-friendly crypto ecosystems. Revolut X, launched last year for advanced traders, already supports 100 tokens and real-time fiat on/off-ramps across the EEA.
Revolut’s next focus is the crypto derivatives market, expanding its offerings to institutional investors. The company also plans to invest over €1 billion ($1.1 billion) in France as it seeks a local banking license—solidifying its position as one of Europe’s most ambitious fintech players bridging traditional finance and crypto innovation.
