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Revolut secures Gibraltar crypto licence to support international expansion plans

Revolut secured a Gibraltar DLT licence for a new entity to support its international crypto expansion strategy.

Revolut secures Gibraltar crypto licence to support international expansion plans
The Block
AI summary

Revolut obtained a Gibraltar distributed ledger technology licence for a new entity, part of its strategy to expand crypto services internationally. The approval gives the fintech a regulated European foothold for crypto operations, which could broaden retail access and add credibility to its digital-asset offerings. Traders may read this as incremental positive news for crypto adoption and exchange competition, though it does not directly affect any specific token's price.

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