Revolut Global Digital Assets Secures Gibraltar DLT License for Crypto Services

On October 19, 2026, the Government of Gibraltar granted Revolut Global Digital Assets Limited regulatory permission under Part 7 of the Financial Services Act to conduct distributed ledger technology activities. The authorization covers transmission and execution of virtual asset orders, virtual asset custody services and virtual asset staking services. Revolut Global Digital Assets Limited was established as a Gibraltar-based subsidiary to support the company’s international crypto operations.

Scope of the New Gibraltar DLT License

The permission allows Revolut Global Digital Assets Limited to handle order transmission, custody and staking for virtual assets under Gibraltar’s regulatory framework. This license operates alongside existing authorizations held by Revolut Ltd in the United Kingdom and Revolut Digital Assets Europe Ltd under the EU’s Markets in Crypto-Assets regulation. The company has not yet announced specific regions, service rollout dates or customer segments that will use the new entity.

Gibraltar’s regulatory approach to distributed ledger technology has attracted multiple firms seeking clear rules for virtual asset businesses. The same announcement noted that three additional DLT permissions are expected to be issued during the same week. Revolut Global Digital Assets Limited will maintain compliance standards aligned with those already applied by the company in other jurisdictions.

Revolut reported more than 80 million retail customers worldwide and over 16 million crypto users at the time of the announcement. The new subsidiary adds capacity for operations that fall outside the scope of the UK and EEA entities. Officials confirmed the permission followed collaboration between Revolut and the Gibraltar Financial Services Commission.

Resumption of Local Onboarding and Market Context

The government announcement also confirmed that Revolut has fully resumed onboarding of new Gibraltar residents to its electronic money and payments application. This step followed discussions with Minister for Trade and Industry Nigel Feetham KC MP and the Gibraltar Financial Services Commission. The resumption restores full access for local users after a period of restricted onboarding.

Gibraltar has positioned itself as a jurisdiction with established oversight for virtual asset firms since introducing its DLT framework. The arrival of Revolut Global Digital Assets Limited adds to a growing list of international companies holding permissions in the territory. Chief Minister Fabian Picardo highlighted the development as reinforcement of Gibraltar’s standing in the virtual asset sector.

Revolut’s general manager for crypto and new bets, Emil Urmanshin, stated that the authorization reflects the company’s commitment to high regulatory standards and Gibraltar’s oversight model. The license provides an additional regulated base for crypto services without altering existing offerings in the UK or EEA. No changes to fees, product availability or user agreements were announced alongside the permission.

Next Steps for the Crypto Entity

Revolut Global Digital Assets Limited now holds the necessary permission to begin preparations for regulated activities in Gibraltar. The company has not disclosed timelines for launching services through the new entity or the jurisdictions that will route activity through it. Further details are expected as operational integration progresses.

Market participants continue to monitor how firms combine multiple regional licenses to serve customers across borders. Gibraltar’s framework remains one option among several regulatory routes used by crypto service providers. The issuance of additional DLT permissions in the coming days will indicate continued interest from other international applicants.