Revolut Secures Gibraltar Crypto Licence
Revolut has secured a DLT licence in Gibraltar for a new entity to support its international crypto expansion strategy.
Revolut has secured a distributed ledger technology (DLT) licence in Gibraltar for a newly established entity, according to TheBlock. The regulatory approval is designed to support the firm's broader international crypto expansion strategy.
Regulatory Expansion
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The licence enables the company to advance its operational footprint in the digital asset sector under a recognized regulatory framework. Gibraltar has established itself as a specialized jurisdiction for DLT providers through its bespoke regulatory framework introduced for blockchain businesses.
Key facts
- Revolut secured a Gibraltar DLT licence for a new entity.
- The licence supports the company's international crypto expansion strategy.
Source: theblock.co
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