In September Revolut has received permanent approval from the Financial Conduct Authority to run its cryptocurrency business in the UK;
In August Revolut has received a cryptocurrency approval from the Cyprus Securities and Exchange Commission (CySEC) to operate with cryptocurrencies and other digital assets. The company plans to establish a new European crypto hub to provide additional crypto services to its 17m European customers under the EU’s upcoming regulations. CySEC’s approval comes after Revolut obtained similar authorizations in other markets, such as Singapore (August 2022);
Revolut released 22 new cryptocurrencies since the beginning of 2022, total number of tokens available in the Revolut — more than 80;
Revolut has offered cryptocurrency trading since 2017, ahead of most of its competitors.