Revolut Wins Gibraltar Crypto License, Reopens Sign-Ups for Local Residents

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Revolut has built a crypto business around regulated entities in different jurisdictions, and Gibraltar is now part of that setup. A Gibraltar DLT licence sits inside the territory’s framework for distributed ledger activity, which is why this approval matters for a company trying to keep crypto services inside a regulated perimeter. The new entity, Revolut Global Digital Assets Limited, gives the group a local vehicle for those services.

For people using Revolut’s crypto services in Gibraltar, the immediate change is access: sign-ups are open again and the firm can offer custody, trade execution, and staking through the licensed subsidiary. For builders and operators, the message is that expansion can proceed through jurisdiction-specific permissions rather than a single global rollout. That can widen access while also tying products more closely to local rules and oversight.

The bigger issue is the split between crypto’s borderless design and the patchwork of national licensing regimes that now shape who can offer what. Gibraltar is acting as a gatekeeper here, deciding which activities a firm may run and through which company, while Revolut is matching that with a market-by-market structure. This kind of setup favors firms that can absorb compliance work and may leave smaller players with fewer routes to scale.

Still open is how far Revolut will take the Gibraltar entity beyond the services named in the approval, and how quickly its international expansion plan will move in other jurisdictions. The licence itself does not show which markets will come next or whether similar permissions will be granted elsewhere. What would settle that is a fuller rollout plan from Revolut and additional approvals from other regulators.