Revolut is taking a major step into the European crypto market after securing regulatory approval in Cyprus, giving it the green light to operate across all 30 countries in the European Economic Area.
The fintech giant plans to leverage this authorization to roll out a suite of new crypto services designed to appeal to both casual users and experienced traders.
At the heart of this expansion is Revolut’s upcoming platform, Crypto 2.0. The system will provide access to more than 280 tokens and will introduce zero-fee staking with returns up to 22% annually. Users will also be able to convert stablecoins to U.S. dollars at a one-to-one ratio, offering a seamless on/off-ramp experience without extra costs.
Costas Michael, CEO of Revolut Digital Assets Europe, emphasized that the license allows the company to provide secure, transparent, and regulated crypto services, reinforcing its long-term commitment to digital assets as a core part of its offerings. The move comes as Revolut continues to expand its footprint in the European crypto space, building on the success of its Revolut X exchange, which now serves millions of users with low-fee trading for over 100 tokens.
Revolut is also positioning itself to integrate its crypto services with everyday financial tools. Crypto 2.0 will work alongside Revolut Visa and Mastercard products, allowing users to spend digital assets directly while taking advantage of the platform’s trading and staking features. This integration aims to create one of Europe’s most comprehensive and user-friendly crypto experiences.
Beyond retail trading, Revolut has signaled interest in expanding into institutional crypto products, including derivatives, while simultaneously growing its presence in key markets like France, where it plans to invest over €1 billion and pursue a local banking license.
The company’s strategy clearly points to a broader ambition: becoming a central player in Europe’s regulated crypto ecosystem.