Crypto: Revolut obtains the MiCA license

The European Union likes to take its time, especially regarding digital innovation. But sometimes, it opens the floodgates. This is the case with Revolut, now holding a MiCA license issued by Cyprus. Long seen as hesitant in the crypto race, Europe is showing a new stance here. Through this pass, it rolls out the red carpet for a player who wants to redesign digital finance on the Old Continent. A trial or a turning point?

MiCA: the European passport reshuffling the crypto cards

Long criticized for its digital inertia and its strict measures, the European Union is finally deploying a harmonized framework for crypto-assets. Thanks to its MiCA license obtained from CySEC, Revolut can now offer its services in the 30 EEA countries. A major regulatory turning point, where regulators had so far been elusive.

According to Costas Michael, CEO of Revolut Digital Assets Europe: “This authorization allows us to offer revolutionary crypto products with increased transparency and trust for our growing customer base, while reaffirming our commitment to crypto as an asset class“.

This license gives Revolut unprecedented leverage to consolidate its position against Coinbase or Kraken, already holders of the precious pass. And with its 65 million users, including 40 million in Europe, Revolut plays in a different league. Where others struggle to overcome regulatory barriers, the British neobank deploys an integrated crypto strategy.

MiCA acts here as a catalyst: the EU no longer wants to undergo disruption, it wants to regulate it.

Crypto 2.0: XXL staking, zero-spread stablecoin, and clear ambition

With its new “Crypto 2.0” platform, Revolut brings out the heavy artillery. Over 280 tokens listed, zero-fee staking with up to 22% annual yield, and conversions between stablecoins and dollar without spread. Unprecedented in the traditional banking world.

The tone is set: the framework changes, and Revolut anticipates it. Its Revolut X platform, already available throughout Europe, targets savvy investors. But thanks to its mobile app, the offer remains mainstream. The goal: to merge the banking and crypto experience beyond simple speculation.

It is no secret that we have ambitious projects in the crypto sector, and our MiCA license is fundamental for all this.

Costas Michael

While giants like PayPal and Robinhood move cautiously, Revolut bets on disruption. Europe, often considered rigid, sees here a fluid, ambitious product, tailored for today’s investor. With Crypto 2.0, Revolut turns the user interface into a strategic lever.

Revolut stablecoin: the option that shakes things up

Rumors about a Revolut stablecoin are not new. But with the arrival of MiCA, this hypothesis is no longer science fiction. The fintech holds an EMI license in Lithuania, a sine qua non condition to issue e-money tokens under the MiCA regime.

Lawyer Sadri Sali states:

Practically, Revolut is now positioned to legally issue its own stablecoin within the European Union regulatory framework. 

Revolut still has to produce a whitepaper in compliance, meet governance requirements, and stay within the European Banking Authority’s rules. But the foundations are there. And this project is not isolated: several European challengers are working on their own tokens. It remains to be seen if Revolut will take the step in 2026.

What to retain

• 280 tokens offered on Crypto 2.0;
• 22 % annual potential yield on staking;
• 1:1 stablecoin/USD without hidden fees;
• 65 million Revolut users, including 40 million in Europe;
• +298 % revenue growth in its “Wealth” branch in 2024.

With this strategy, Revolut redefines the function of a neobank. Far from a publicity stunt, it lays the bricks of an autonomous system where banking, crypto, and regulation finally dialogue.

Revolut does not stop. With MiCA, the fintech turns European regulation into a springboard. And crypto trading becomes its secret engine. Last April, the platform recorded a historic performance. The banking world may be witnessing an unexpected remake: where Europe becomes the outpost of crypto finance.