Revolut Launches Crypto 2.0 with MiCA License

The Cyprus Securities and Exchange Commission (CySEC) has granted Revolut a landmark Markets in Crypto-Assets Regulation (MiCA) license, representing one of the most significant regulatory approvals in the company’s crypto journey. This authorization fundamentally transforms Revolut’s operational capabilities across the European Economic Area (EEA), providing the legal foundation to offer regulated crypto services in all 30 member markets. The MiCA framework, which establishes comprehensive rules for crypto-asset service providers across the EU, gives Revolut a substantial competitive advantage in the rapidly evolving European digital assets landscape.

Costas Michael, CEO of Revolut Digital Assets Europe, emphasized the strategic importance of this regulatory achievement, stating that it “enables us to deliver groundbreaking crypto products with enhanced transparency and trust for our growing customer base.” This regulatory clearance comes at a crucial time as European regulators intensify their oversight of cryptocurrency services, making Revolut’s compliance position particularly valuable. The authorization from CySEC demonstrates Revolut’s commitment to operating within established regulatory frameworks while expanding its crypto offerings to millions of users across the continent.

Coinciding with the regulatory approval, Revolut is preparing to launch its next-generation Crypto 2.0 platform, which represents a substantial upgrade to its existing crypto services. The new platform will feature access to over 280 different tokens, significantly expanding the investment options available to Revolut’s European customer base. This extensive token selection positions Revolut as a comprehensive crypto service provider, capable of competing with specialized cryptocurrency exchanges while leveraging its established fintech infrastructure and user-friendly interface.

The Crypto 2.0 platform introduces zero-fee staking with annual percentage yields reaching up to 22%, addressing a key pain point for crypto investors who typically face substantial fees on competing platforms. This feature is particularly significant given Revolut’s massive user base, as it democratizes access to crypto staking rewards that were previously available primarily to sophisticated investors. Additionally, the platform’s 1:1 stablecoin-to-US dollar conversion mechanism provides enhanced security and transparency for users navigating the often volatile cryptocurrency markets.

These product enhancements reflect Revolut’s strategic commitment to cryptocurrency as a legitimate asset class, moving beyond basic trading functionality to offer sophisticated investment tools typically associated with dedicated crypto platforms. The combination of regulatory compliance, extensive token selection, and competitive staking terms creates a compelling value proposition for both existing Revolut users and potential new customers seeking regulated crypto exposure.

Revolut’s MiCA license acquisition and Crypto 2.0 launch represent a significant development in the European cryptocurrency ecosystem. As one of the first major fintech companies to secure this comprehensive regulatory approval, Revolut establishes itself as a trusted gateway for mainstream adoption of digital assets across the EEA. The timing is particularly strategic, coinciding with increasing regulatory clarity and growing institutional interest in cryptocurrency markets throughout Europe.

The authorization enables Revolut to leverage its existing banking and payment infrastructure to create seamless crypto experiences for its approximately 40 million global customers. By integrating regulated crypto services directly into its core application, Revolut can potentially accelerate cryptocurrency adoption among users who might otherwise hesitate to use specialized crypto exchanges. This approach aligns with Costas Michael’s statement that the company is “further reiterating our commitment to crypto as an asset class,” signaling that digital assets will remain a central component of Revolut’s long-term growth strategy.

For the broader European crypto market, Revolut’s regulatory milestone sets an important precedent for how established financial services companies can successfully navigate the evolving regulatory landscape while expanding their digital asset offerings. The combination of Revolut’s user-friendly platform, extensive customer base, and now comprehensive regulatory approval positions the company to potentially capture significant market share in the European crypto services sector, particularly among retail investors seeking regulated and accessible crypto investment options.