Revolut Obtains Gibraltar DLT Service Provider License to Expand International Crypto Business

According to FX News Group, the UK digital bank Revolut’s new entity, Revolut Global Digital Assets Limited (RGDAL), has obtained a Distributed Ledger Technology (DLT) service provider license from the Gibraltar Financial Services Commission (GFSC). Revolut stated that this license will be used to support its international crypto business in key expansion markets. The company currently provides crypto services in the UK through Revolut Ltd and conducts related operations in the European Economic Area under MiCA via Revolut Digital Assets Europe Ltd.