Revolut secures Gibraltar crypto license to support global expansion

What happened: Revolut received a Distributed Ledger Technology Provider license from the Gibraltar Financial Services Commission through its new subsidiary, Revolut Global Digital Assets Limited, to expand crypto services into international markets. Key numbers: More than 80 million retail customers worldwide, including about 16 million crypto users. Why it matters: The license extends Revolut's crypto operations beyond the UK and EEA, following its in-principle approval in Dubai in July and preliminary conditional approval from US regulators in September.

Revolut received a Distributed Ledger Technology Provider license from the Gibraltar Financial Services Commission through its new subsidiary, Revolut Global Digital Assets Limited, to expand crypto services into international markets.

The license extends Revolut's crypto operations beyond the UK and EEA, following its in-principle approval in Dubai in July and preliminary conditional approval from US regulators in September.