Revolut Establishes Cyprus as European Hub for Digital Asset Operations Under MiCA Framework

Revolut has officially selected Cyprus as the central base for its European digital asset operations, following the company’s acquisition of a Markets in Crypto-Assets (MiCA) licence from the Cyprus Securities and Exchange Commission (CySEC) through its local entity, Revolut Digital Assets Europe Ltd.

This newly granted authorization signals the beginning of a significant new chapter for both Revolut and Cyprus, as the MiCA regulation introduces a comprehensive European framework imposing stringent standards on transparency, risk management, and consumer protection for firms engaged in the cryptocurrency industry.

According to Revolut’s announcement, the decision to locate its European crypto operations in Cyprus sends a strong signal of confidence in the island’s regulatory and technological capabilities. The move is expected to further enhance Cyprus’ status as an emerging hub for fintech and digital asset enterprises, setting a positive precedent for attracting further investment, talent, and innovation to the region.

By operating under Cypriot oversight, Revolut will ensure enhanced safeguards for European users, promoting stronger consumer protection, increased transaction transparency, and more direct access to a growing European market that actively fosters the digital economy.

Beginning November 25, 2025, the company will discontinue its role as an intermediary for client orders routed to third parties, transitioning instead to operate directly using its own capital. Under the new structure, users will enter into agreements directly with Revolut, while their funds and personal data will be protected by upgraded transparency and security protocols. In addition, a revised fee schedule—particularly relevant to transactions involving stablecoins and fiat currencies—will come into effect on December 8, 2025.

The MiCA regulation establishes a harmonised legal framework across the European Union for both issuers and service providers of crypto-assets. It sets out detailed provisions regarding authorisation, governance, disclosures, and capital requirements, all aimed at reinforcing investor confidence and ensuring market integrity.

In its statement, the company highlighted that this milestone “comes at a time when Cyprus is striving to establish itself as an innovation centre and testing ground for blockchain, fintech and Web3 technologies.” Revolut further stated that “Revolut’s MiCA licence is another step in that direction, demonstrating that the country can act as a bridge between innovation and regulatory stability.”

By fLEXI tEAM