Revolut has obtained a MiCA licence from the Cyprus Securities and Exchange Commission, allowing it to expand its cryptocurrency services across the European Economic Area. The UK-based fintech giant, valued at $75 billion, will offer over 280 cryptocurrencies, zero-fee staking, and stablecoin conversions. In 2024, Revolut's crypto business revenue increased by 298%, fueled by heightened trading activity. The company is navigating a competitive landscape with traditional financial institutions and crypto-native firms entering the fintech space.