🇨🇾 Revolut Chooses Cyprus as New Hub for European Crypto Operations
🇨🇾 Revolut Chooses Cyprus as New Hub for European Crypto Operations
Fintech giant Revolut has selected Cyprus as the official centre for its European digital asset operations. This move follows Revolut securing a Markets in Crypto-Assets (MiCA) licence from the Cyprus Securities and Exchange Commission (CySEC) through its entity, Revolut Digital Assets Europe Ltd. The new authorization signals a significant vote of confidence in Cyprus' regulatory and technological framework, cementing the island's growing reputation as a hub for fintech and crypto businesses.
MiCA Licence and Enhanced User Protection
The MiCA licence is pivotal, as it introduces a new unified European legal framework setting strict rules across the EU for crypto-asset service providers. This framework emphasizes transparency, strong risk management, and enhanced consumer protection.
Operating under Cypriot supervision will provide:
Operating under Cypriot supervision will provide:
- Stronger Protection for European users.
- Greater Transparency in transactions.
- Direct Access to a European market actively supporting the digital economy.
Key Operational Changes
Revolut is implementing several structural and operational changes as part of this transition:
- Direct Operation: From November 25, 2025, Revolut will cease acting as an intermediary for client orders to third parties and will operate directly using its own capital. Users will enter into contracts directly with the company, ensuring their funds and data are safeguarded under enhanced protection measures.
- Fee Structure: A revised fee structure, specifically impacting transactions between stablecoins and fiat currencies, will take effect from December 8, 2025.
Revolut noted that this development aligns perfectly with Cyprus’ strategy to establish itself as an innovation centre and testing ground for blockchain, fintech, and Web3 technologies, acting as a crucial bridge between innovation and regulatory stability.
MFRadio.de | Editorial Office Cyprus | 05 November 2025 Source: Cyprus Mail Author: MF Editorial Team