Revolut wins Gibraltar crypto license to expand outside the UK and Europe
New license lets Revolut take crypto services abroad
Revolut, a UK-based financial technology company, has received a cryptocurrency services license in Gibraltar. The company plans to use the approval to offer digital asset services in more countries, beyond the UK and the European Economic Area.
The Gibraltar Financial Services Commission (GFSC) gave a Distributed Ledger Technology (DLT) Provider license to Revolut Global Digital Assets Limited, a newly created subsidiary. Revolut announced the approval on Monday, October 19, 2026.
Key numbers
- Revolut says it has more than 80 million retail customers worldwide.
- About 16 million of those customers use cryptocurrency, according to the company's announcement.
- The license covers services built on distributed ledger technology, the shared computer records that underpin crypto assets.
What the Revolut announcement covers
According to the company's own announcement, the license was granted to a fresh subsidiary set up specifically to hold the authorization. A Revolut spokesperson told Cointelegraph that the license will let the firm offer crypto services in additional international markets.
Revolut currently provides crypto services through Revolut Ltd in the UK, and through Revolut Digital Assets Europe Ltd in the European Economic Area. In the European Economic Area, its operations follow the European Union's Markets in Crypto-Assets Regulation, known as MiCA.
No countries or launch dates yet
The specific countries Revolut plans to enter, and when services would start there, have not been announced. Because of that, it is not yet clear where the new license will be used first or how quickly the rollout will happen.
Third regulatory win of the year for Revolut
The Gibraltar license is the latest in a series of regulatory approvals for the company. In July, Revolut received in-principle approval to offer crypto services in Dubai. In September, it obtained a preliminary conditional approval from US regulators to establish a national bank that would provide digital asset custody (holding customer crypto assets safely) and crypto-related payment services.
These approvals matter because crypto firms generally need a license from local regulators before they can legally offer services in a market. Securing them is a step toward operating in new countries, though the approvals on their own do not confirm that services have launched anywhere new.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.