Industry heavyweights Revolut and Blockchain.com, along with Swiss Bitcoin specialist Relai, announced Thursday that they have secured coveted MiCA licenses, Cointelegraph reported.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange
Revolut, valued at more than $45 billion, can now leverage its Cyprus license to roll out its "comprehensive crypto-asset services" across the 30 markets of the EEA, a region where it already serves millions of people.
Subscribe to our Telegram channel to get weekly short digests about events that shape the crypto world
Blockchain.com, licensed in Malta, stated that the approval allows it to "scale our services across Europe" with institutional-grade tools.
This coordinated regulatory initiative establishes a clear advantage for these companies as the first to operate within the harmonized EU framework.