Revolut gains Gibraltar DLT licence for crypto growth - The Paypers

Revolut has secured a distributed ledger technology (DLT) licence from the Gibraltar Financial Services Commission, according to The Paypers. The authorisation allows the fintech to expand its crypto-related activities under Gibraltar's dedicated DLT regulatory framework, which is designed for firms operating in digital assets and blockchain-based services. For Revolut, which already offers crypto trading to retail customers across several markets, the licence adds a regulated base from which to develop those services further.

The development is notable because it reflects a broader trend of crypto firms seeking out jurisdictions with purpose-built licensing regimes rather than relying on general financial permissions. Gibraltar has positioned its DLT framework as one of the earlier dedicated regimes for digital asset businesses, and a licence there can serve as a signal of compliance to partners and customers.

What to watch: how Revolut uses the licence in practice — whether it expands product scope, deepens crypto offerings in existing markets, or uses Gibraltar as a hub for new activity. Also worth monitoring is how other regulators and competitors respond as dedicated crypto licensing becomes more common across Europe.