Revolut Wins Approval to Expand Crypto Services in UAE Amid Tightening EU Regulations

Revolut has secured in-principle approval from Dubai's Virtual Assets Regulatory Authority to expand its crypto services in the UAE.

The approval covers broker-dealer, management and investment, and exchange services under the local regulatory framework.

This move follows another regulatory milestone achieved earlier this year, with the Central Bank of the UAE approving Revolut to conduct payment activities within the country.