On 23 October 2025, the Cyprus Securities and Exchange Commission granted a MiCA license to Revolut Digital Assets Europe Ltd. The permit allows supervised crypto-asset services across all thirty European Economic Area states. This creates a single rulebook so Revolut can roll out the same legal product from Lisbon to Helsinki.
Revolut serves 65 million people worldwide, including 40 million in Europe. As of 23 October 2025, the group runs every digital asset activity through its Cyprus unit, RDAEL. MiCA sets one set of investor safeguards and service standards for the whole single market, and the license works like a passport: once CySEC signs, RDAEL needs no extra national permits to open in each of the thirty EEA states.
That speed fits the firm’s plan to launch “Crypto 2.0”, which the company says will list more than 280 tokens, let users stake on the app with zero commission and headline rewards as high as 22 % APY, and swap dollar stablecoins one-for-one with no spread.
Scope of the license and Crypto 2.0 offering
Costas Michael, CEO of Revolut Digital Assets Europe, said: “Securing the licence is a significant step in our journey reflecting CySEC’s confidence in our commitment to regulatory compliance in crypto.” The remark frames trust and rule-following as the base for growth.
Before the product goes live, the company must shift every EEA client from the old U.K. entity to the new Cyprus entity. Each user must accept fresh terms and update account details so that all trades sit inside the regulated unit.
A single regulated doorway removes red tape and may raise user trust, encouraging more people to buy or sell crypto. While the passport right lets the firm switch on the product in thirty markets at once, cutting rollout cost.
Revolut’s MiCA authorization centralizes its EU crypto services under one regulator and accelerates a uniform rollout, with real-world results hinging on how quickly the firm migrates EEA users and executes the “Crypto 2.0” launch.
