REVOLUT SECURES GIBRALTAR CRYPTO LICENCE TO SUPPORT INTERNATIONAL EXPANSION PLANS

Summary from the TLDR Crypto newsletter

Revolut got a Distributed Ledger Technology provider licence from the Gibraltar Financial Services Commission for a new entity, Revolut Global Digital Assets Limited. The entity will support its international crypto operations, alongside its existing UK and EEA (MiCA) entities. Revolut says it has over 80M retail customers and over 16M crypto users. It did not say which markets the Gibraltar entity will serve or when. Other recent moves are conditional OCC approval for a US bank charter last month and the euro stablecoin EURR rolling out in Denmark, Poland, and Portugal since August.