Revolut receives in-principle approval from UAE authorities for crypto services
Cointelegraph 2026-07-15 19:34:39
Context: Revolut, a London-headquartered fintech company, has received in-principle approval from the Dubai Virtual Assets Regulatory Authority to offer various crypto services in the UAE. This approval marks a significant milestone for Revolut as it expands its operations into the Middle East. The company is now set to provide broker-dealer, management and investment, and exchange services in the region.
Key Facts
- Revolut has obtained in-principle approval from the Dubai Virtual Assets Regulatory Authority for its crypto services, which include broker-dealer, management and investment, and exchange services.
- The London-headquartered fintech company aims to expand its operations into the Middle East with this approval, marking a significant milestone in its regional growth.
- The approval was granted by the Dubai Virtual Assets Regulatory Authority, which is a key regulatory body overseeing virtual assets in the UAE.