Revolut Secures Gibraltar DLT Licence to Expand Crypto Globally

Revolut has secured a Distributed Ledger Technology (DLT) provider licence from the Gibraltar Financial Services Commission (GFSC) for a newly established entity, Revolut Global Digital Assets Limited, the company announced on October 19, 2026. The licence is designed to support the fintech's international cryptocurrency operations beyond its existing UK and EU authorisations.

Details

Revolut already offers crypto services through two regulated entities: Revolut Ltd in the United Kingdom and Revolut Digital Assets Europe Ltd, which operates under EU MiCA rules across the European Economic Area. The Gibraltar entity will be the third regulated vehicle, giving the company a pathway into markets not covered by its existing licences.

"Securing our DLT authorization from the GFSC reflects our commitment to operating at the highest standards of regulatory compliance," said Emil Urmashin, Revolut's general manager for crypto and new bets.

Revolut serves more than 80 million retail customers worldwide, over 16 million of whom use its crypto services. The firm has been on a regulatory expansion drive throughout 2026: it completed its UK banking authorisation in March, began rolling out the euro-backed EURR stablecoin in Denmark, Poland and Portugal in August, and received conditional approval from the US Office of the Comptroller of the Currency (OCC) for a US banking charter in September.

What it means for the market

The Gibraltar licence fits Revolut's playbook of securing a separate regulated entity for each major jurisdiction. Gibraltar introduced one of the world's first dedicated crypto regulatory regimes — its DLT framework — in 2018, and has since attracted numerous crypto businesses. Revolut has not disclosed which specific markets the new entity will serve or provided a launch timeline.