Revolut has become the first such entity to have been granted CASP authorization.
Digital banking platform, Revolut has been awarded authorization by the Cyprus Securities and Exchange Commission to expand its crypto services across the European Economic Area .
A spokesperson of the app also attributed the CYSEC agency’s sophistication and robust regulatory regime to the latest move. In addition to Cyprus, Revolut also acquired crypto authorization from the Spanish Central Bank and the Monetary Authority of Singapore . The British fintech company is also
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