Revolut gets Gibraltar crypto license for expansion — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Gibraltar Financial Services Commission granted Revolut a DLT Provider license through newly established subsidiary Revolut Global Digital Assets Limited, announced Monday.
- Revolut will use the authorization to offer crypto services in additional international markets, though specific countries and launch timelines have not been announced.
- Revolut already provides crypto services via Revolut Ltd in the UK and Revolut Digital Assets Europe Ltd across the EEA, where operations fall under the EU's MiCA framework.
- Revolut reports more than 80 million retail customers worldwide, including roughly 16 million cryptocurrency users.
- The Gibraltar license follows Revolut's in-principle crypto approval in Dubai in July and preliminary conditional US approval in September for a national bank offering digital asset custody and crypto-related payment services.
Why it matters: Revolut now holds a crypto license in Gibraltar alongside existing UK and EEA authorizations, with pending approvals in Dubai and the US — a coordinated jurisdictional expansion that lets its 16 million crypto users access services under licensed frameworks in multiple regions rather than relying on a single home-market regulator.
Ask SkimNews
