365Crypto
Revolut Gets MiCA Approval in Cyprus
Revolut has officially secured its Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC). This license allows the fintech giant to roll out regulated crypto services across all 30 countries in the European Economic Area (EEA). That’s a huge win for Revolut’s European expansion.
Crypto 2.0: 280 Tokens and Zero-Fee Staking
Alongside the license, Revolut introduced its new platform — Crypto 2.0. It promises access to more than 280 tokens, zero-fee staking with up to 22% APY, and instant 1:1 stablecoin-to-USD conversions. Essentially, it’s aiming to be Europe’s all-in-one crypto playground.
Low Fees and Seamless Access
When combined with Revolut’s Visa and Mastercard crypto cards, plus on/off-ramp tools and ultra-low trading fees (as low as 0.00%), Crypto 2.0 might become one of Europe’s most affordable and user-friendly crypto services. Revolut’s CEO of Digital Assets Europe, Costas Michael, said the license “reinforces trust and transparency for millions of customers.”
Next Stop: Derivatives and Expansion
Revolut isn’t stopping there. The firm plans to expand its crypto offerings for institutional clients and might soon dive into crypto derivatives. It also plans to invest over €1 billion in France as part of a regional growth push. With over 65 million users worldwide — 40 million in Europe — Revolut is positioning itself as the ultimate bridge between traditional banking and the crypto frontier.
(Footnote: MiCA — Markets in Crypto-Assets Regulation, EU-wide framework for crypto licensing and consumer protection.)
