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The UK digital bank Revolut has announced that it has obtained a MiCA license and will launch Crypto Assets services in Europe.
According to Deep Tide TechFlow news on October 23, DL News reported that the UK Digital Bank Revolut has obtained a MiCA (Crypto Assets Market) license from the Cyprus SEC and will launch crypto asset services in the EU.
The license allows Revolut to promote its Crypto Assets services in 30 countries within the European Economic Area. Costas Michael, CEO of Revolut Digital Assets Europe, stated: “We have ambitious plans in the Crypto Assets space, and the MiCA license is the foundation for making it all happen.”
Revolut also plans to launch the “Crypto 2.0” service, which will support over 280 types of Crypto Assets, provide zero-fee staking services, and allow stablecoin conversions to USD with no price spread.