- U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent.
- The company plans to establish a cryptocurrency hub on the island that will allow it to offer additional services to its 17 million European customers under the EU’s upcoming regulations.
- The legislation will give providers of crypto-related services a “passport” to serve customers across the Union under a single regulatory framework.
British Fintech Revolut Granted Crypto License in Cyprus
