Revolut
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X @CoinMarketCap
CoinMarketCap· 2025-10-24 17:30
🚨 CMC News: Revolut Secures MiCA License To Offer 280 Tokens Across Europe.https://t.co/LYFGpcks2a ...
X @Cointelegraph
Cointelegraph· 2025-10-24 02:30
🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Coinbase, Ripple, Tether and the Winklevoss twins are among crypto industry donors for President Trump's White House ballroom.🔹 A dormant 14-year-old wallet holding 4,000 $BTC awakens. Worth $67K in 2011, now valued at $442M.🔸 Coinbase CEO Brian Armstrong says the crypto market structure bill is 90% complete, but the final 10% could redefine how DeFi is regulated.🔹 Ledger and Trezor в have released new 2025 hardware wallets, marking the next ph ...
X @CoinDesk
CoinDesk· 2025-10-23 18:25
🗞️ WazirX will resume operations on Oct. 24th after a year of uncertainty.🗞️ Revolut receives a MiCA license and is launching "Crypto 2.0"🗞️ Crypto CEOs meet with Senate lawmakers to reignite the stalled legislative process.@JennSanasie hosts "CoinDesk Daily."Thank you to @MidnightNtwrk, @Stablecoin and @OwlTing 🫵 for being a sponsor of the CoinDesk media network. ...
X @The Block
The Block· 2025-10-23 17:10
Revolut, https://t.co/TVXk3bFYxG and Bitcoin app Relai score MiCA licenses with Plasma likely to follow https://t.co/t7faTz90HL ...
X @Decrypt
Decrypt· 2025-10-23 16:01
Revolut Secures MiCA License in Cyprus—Is a Stablecoin Next?► https://t.co/wY3hqEQxvd https://t.co/wY3hqEQxvd ...
Revolut Secures MiCA License in Cyprus—Is a Stablecoin Next?
Yahoo Finance· 2025-10-23 16:01
Core Insights - Revolut has obtained a Markets in Crypto-Assets (MiCA) licence from the Cyprus Securities and Exchange Commission (CySEC), enabling it to provide crypto-asset services across the European Economic Area (EEA) [1] - The company plans to launch a "1:1 conversion between stablecoins and USD" without spreads, indicating a significant expansion in its crypto offerings [2] - There are ongoing speculations about Revolut launching its own stablecoin, with a plausible timeline suggested for 2026 following the MiCA approval [4] Group 1: Regulatory Developments - The MiCA licence allows Revolut to market crypto services in all 30 EEA markets, although further scrutiny from individual EU states may be required [1] - The CEO of Revolut Digital Assets Europe emphasized that the licence reflects CySEC's confidence in the company's regulatory compliance in the crypto sector [2] - Other companies, like Coinbase, are also utilizing Cyprus for MiCA approval, indicating a trend among digital banks [3] Group 2: Product Expansion - Revolut has been providing crypto trading since 2017 and has steadily expanded its services, including the launch of Revolut X, a standalone crypto exchange for trading 200 cryptocurrencies [2] - The introduction of a stablecoin by Revolut is seen as a potential development, especially with the MiCA framework now in place [4] - Legal experts suggest that Revolut is positioned to issue its own stablecoin under the EU framework, contingent on compliance with regulatory requirements [4]
Why Vertical SaaS is a Bad Investment Today
20VC with Harry Stebbings· 2025-10-23 13:58
Investment Focus & Market Trends - Venture Capital firms are analyzing the potential overhype in AI verticals [1] - The discussion includes the "Covid mistake" in AI investing, suggesting lessons learned from previous market behaviors [1] - The report highlights the increasing costs associated with competing in the AI sector [1] - The analysis covers whether AI markets will experience a boom or deflation, indicating uncertainty in the sector's future [1] Company & Valuation - Revolut's $75 billion valuation is discussed, providing insight into high-value startups [1] - OpenAI's billion-dollar cloud play is examined, showcasing the company's expansion into cloud services [1] SaaS & AI - The report addresses the truth about vertical SaaS, offering insights into this specific business model [1] - AI's impact on the legal industry is explored, demonstrating AI's transformative effects across sectors [1]
Banks and Big Tech Finally Agree on One Thing — Blockchain Works
Yahoo Finance· 2025-10-23 11:13
Core Insights - Blockchain is transitioning from a proof of concept to becoming a fundamental financial infrastructure by 2025, with major institutions moving from testing to building [1][2] Group 1: Traditional Financial Institutions - In Q3 2025, traditional financial institutions began integrating blockchain to enhance operations, reduce transaction costs, and improve market positioning [2] - JPMorgan's Kinexys network processes over $2 billion in daily transactions and has cleared more than $1.5 trillion since its launch, indicating a strong commitment to blockchain as a standard for institutional settlements [3] - SWIFT is developing a shared real-time ledger that will connect over 30 global banks, operating alongside its existing messaging system [3] Group 2: Stablecoin Initiatives - Stablecoin-focused projects gained traction in Q3, with Circle launching Arc, a Layer-1 blockchain designed for stablecoin finance [4] - Stripe and Paradigm introduced Tempo, a payments-first Layer-1 blockchain for stablecoin transactions, with advisory partners including Deutsche Bank, Visa, and Shopify [4][5] - Visa initiated a pilot program for select partners to pre-fund accounts with stablecoins to expedite cross-border payouts, with a broader rollout planned for 2026 [5] - Standard Chartered's Anchorpoint joint venture applied for a stablecoin issuance license under Hong Kong's new regulatory framework, positioning itself as a pioneer in direct stablecoin issuance among multinational banks [5] Group 3: Technology Firms - Technology companies are establishing the infrastructure for blockchain applications, with Google Cloud launching the Universal Ledger (GCUL), a neutral Layer-1 blockchain aimed at banks and capital markets [6] - CME Group is testing GCUL for faster collateral settlement and margin optimization, showcasing the collaboration between tech firms and financial institutions [6]
X @Cointelegraph
Cointelegraph· 2025-10-23 10:30
🇪🇺 BULLISH: Revolut gets MiCA approval from Cyprus, preparing to roll out “Crypto 2.0” with 280 tokens and zero-fee staking. https://t.co/vGic8xC0Xr ...
Revolut gets Cyprus crypto licence as it targets more users
Yahoo Finance· 2025-10-23 10:14
Core Insights - Revolut has received a crypto license from Cyprus, allowing it to expand its crypto-related services across the European Union, with 20% of its customers engaged in cryptocurrency trading [1][2]. Company Overview - Revolut has over 65 million customers, with at least 14 million (22%) identified as crypto users who have completed the necessary onboarding for crypto services [2]. - The company introduced crypto trading in its app in 2017 and plans to launch a standalone crypto trading platform, Revolut X, in 2024 [3]. Financial Performance - The "Wealth" segment of the company saw revenue nearly triple last year, attributed to increased crypto trading activity and the upcoming launch of the Revolut X crypto exchange [3]. Market Context - Cryptocurrency prices have experienced significant growth over the past year, influenced by political support, although regulatory concerns regarding investor protection persist [4].