Overview
- CySEC’s authorization lets Revolut provide and market crypto-asset services across all 30 EEA markets under the EU’s MiCA regime.
- Revolut will run its EEA crypto business from Cyprus, supporting its Revolut X exchange and wallet integrations with MetaMask and Ledger.
- Revolut announced “Crypto 2.0,” featuring 280+ tokens, zero-fee staking with rewards up to 22% APY, and direct 1:1 stablecoin-to-USD conversions with no spread.
- The company says it has over 65 million customers, including about 14 million fully onboarded crypto users, with its Wealth segment revenue nearly tripling to roughly $674 million last year.
- The EU license arrives three days after Revolut won final approval to operate as a bank in Mexico, highlighting a broader global licensing push as MiCA takes effect.