Revolut Global Digital Assets Limited, a newly established cryptocurrency entity under digital bank Revolut, has obtained a distributed ledger technology, or DLT, license in Gibraltar, according to The Block. Revolut said the approval will support the expansion of its international crypto business. The company also disclosed that it now serves more than 80 million retail customers, including 16 million crypto users. The license adds a regulatory approval for Revolut’s crypto operations as it looks to grow outside its existing footprint. No additional details on rollout timing or specific products were disclosed in the report cited by ChainCatcher.
Revolut Global Digital Assets Limited, a newly established cryptocurrency entity under digital bank Revolut, has received a distributed ledger technology (DLT) license from Gibraltar, according to The Block.
Revolut said the approval will help expand its international crypto business. The company currently has more than 80 million retail customers, including 16 million crypto users.
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