Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe
European digital bank Revolut has been granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) allowing it to offer crypto services across the European Economic Area (EEA).
The EEA includes the 27 countries that are in the European Union, plus Iceland, Liechtenstein and Norway.
Revolut, which is valued at $33 billion, became the first entity to receive approval as a crypto-asset service provider from the Cyprus regulator, the company said on Friday.
