Financial technology company Revolut has received a Distributed Ledger Technology license in Gibraltar for its subsidiary Revolut Global Digital Assets Limited. The approval enables Revolut to expand cryptocurrency services beyond the UK and European Economic Area, where it serves 16 million crypto users among 80 million total retail customers. The move follows regulatory milestones in 2026, including UK banking clearance and conditional U.S. approval.
Gibraltar crypto license approval
- ▪Revolut plans to use its Gibraltar Distributed Ledger Technology Provider license to expand its digital asset offerings into international markets beyond the United Kingdom and European Economic Area
- ▪The Gibraltar Financial Services Commission granted a Distributed Ledger Technology Provider license to Revolut's newly established subsidiary, Revolut Global Digital Assets Limited
Revolut international expansion strategy
- ▪British regulators lifted restrictions on Revolut's banking license in March 2026, allowing the financial technology firm to launch Revolut Bank UK
- ▪Revolut received in-principle approval to offer cryptocurrency services in Dubai in July 2026
Regulatory compliance across jurisdictions
- ▪Revolut operates cryptocurrency services in the United Kingdom through Revolut Ltd and across the European Economic Area through Revolut Digital Assets Europe Ltd under Markets in Crypto-Assets regulation
- ▪Revolut received preliminary conditional approval from the United States Office of the Comptroller of the Currency in September 2026 to establish a national bank offering digital asset custody and crypto payments
EURR stablecoin rollout
- ▪Revolut plans to expand availability of its euro-pegged EURR stablecoin across the European Economic Area later in 2026
- ▪Revolut began rolling out its euro-pegged EURR stablecoin to selected customers in Denmark, Poland, and Portugal in August 2026
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