Many Revolut users still cannot access their crypto funds: here is the latest update

Revolut Digital Assets Europe has officially received its MiCA licence for crypto services from the Cyprus Securities and Exchange Commission. This is a significant milestone for the company, as the new European regulation requires crypto service providers to comply with stricter consumer protection and operational standards. According to Revolut, the change will bring greater protection, transparency and reliability for users – but what does this mean for customers in Hungary?

What is the MiCA licence and why is it important?

MiCA (Markets in Crypto-Assets) is the European Union’s new, unified regulatory framework for the cryptocurrency market. Companies with this licence are required to:

• manage customers’ digital assets in a clear and verifiable way,
• provide transparent information about risks and fees,
• ensure stable and transparent operations.

According to Revolut, after obtaining the licence, it will no longer forward crypto trade orders to third parties, but will execute transactions using its own capital, Portfolio reports. In other words, users will now trade directly with Revolut rather than through an external service provider.

What is changing in Revolut’s system?

The transformation of services will take place gradually and will come fully into effect on 25 November 2025. Revolut states that customers will not need to take any action. The company will also continue to develop its own crypto trading platform, Revolut X, which will operate as an independent and regulated platform.

Revolut also promises that new features and products will be introduced in the coming months as it adapts to the MiCA regulation.