UK digital bank Revolut gets Cyprus green light to create European crypto hub 

Mark Battersby
clock • 1 min read

UK headquartered digital bank Revolut has received approval from the Cyprus Securities and Exchange Commission (CySEC) to offer cryptocurrency and digital asset services. According to media reports, the green light for this new base will enable it to transform into a new European cryptocurrency hub, allowing it to provide additional crypto asset services to its 17 million European customers. Clients based in the UK, who form the bulk of Revolut's customer base, will continue to be serviced by its UK-registered entity. CySEC's approval follows the authorisation the company has alrea...

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