Revolut secures Gibraltar crypto license for expansion beyond the UK and EEA

Revolut has received a cryptocurrency services license in Gibraltar, giving it a regulated base to push digital asset offerings into international markets outside the UK and the European Economic Area. For PSPs and banks, the useful bit is simple: Revolut is building jurisdiction-by-jurisdiction coverage rather than treating crypto as a single licensing box.

1. The Gibraltar Financial Services Commission (GFSC) granted a Distributed Ledger Technology (DLT) Provider license to Revolut Global Digital Assets Limited, a newly established subsidiary, according to a Monday announcement. The new entity is the vehicle for the expansion, which is how these things usually get done when the target geography is not just one neat regulatory perimeter.
2. A Revolut spokesperson told Cointelegraph that the license will allow the company to offer crypto services in additional international markets, but specific countries and launch timelines have not been announced. In practice, that means the license is permission to move, not a public map of where the company is moving next.
3. Revolut currently provides cryptocurrency services through Revolut Ltd in the UK and Revolut Digital Assets Europe Ltd across the European Economic Area, where its operations fall under the European Union’s Markets in Crypto-Assets Regulation (MiCA). So the structure is already split by jurisdiction: UK on one side, EEA under MiCA on the other, and Gibraltar now added as another regulated base.
4. The fintech says it has more than 80 million retail customers worldwide, including about 16 million cryptocurrency users. That scale matters for counterparties because even a limited expansion can turn into meaningful payment and custody flow once the product is switched on in a new market.
5. The Gibraltar license follows Revolut’s in-principle approval to offer crypto services in Dubai in July and preliminary conditional approval from US regulators in September to establish a national bank offering digital asset custody and crypto-related payment services. The pattern is clear enough: Revolut is collecting market-specific approvals, one regulator at a time, rather than relying on a single global crypto setup.