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Revolut Clears UAE Hurdle for Crypto Services

Revolut has secured in-principle approval to provide crypto services in the United Arab Emirates (UAE), furthering its expansion strategy in the country. This nod comes just weeks after the company's win in securing a banking license.

The move is part of Revolut's effort to expand its presence in the UAE and offer its customers a wider range of financial services. The company has been actively expanding its operations in various countries, including Europe and Asia.