Revolut has received a MiCA license from Cyprus, which will strengthen its cryptocurrency services for users within the European Union. This development extends its capabilities to approximately 14 million crypto users across the region. The MiCA license is a significant regulatory framework that represents the first comprehensive set of rules for the cryptocurrency industry in the EU. By securing this license, Revolut aims to provide greater assurance and reliability to its users in the rapidly evolving crypto landscape. The move aligns with Revolut’s strategy to enhance its offerings and remain competitive in the digital finance market.
