Revolut Gets Gibraltar DLT Permission

In brief

HM Government of Gibraltar (press release 796/2026, 19 October 2026) says Revolut Global Digital Assets Limited has a permission under Part 7 of the Financial Services Act for regulated DLT activities.
For Gibraltar residents, the same release says Revolut has fully resumed onboarding to its electronic money and payments app — so new customers there can open accounts again.
What’s still unknown: why onboarding had paused (not stated), and which other firms get the “three DLT permissions” the government says are expected this week (not named).

This is a Gibraltar permission, not an EU MiCA licence. Keep that distinction if you follow Revolut’s crypto perimeter.

What permission did Revolut’s subsidiary get?

The government says Revolut Global Digital Assets Limited “has been granted a permission under Part 7 of the Financial Services Act to undertake regulated distributed ledger technology (DLT) activities.”

Those activities, in the release’s words, “include the transmission and execution of virtual asset orders, the provision of virtual asset custody services and virtual asset staking services.”

Item	Detail (government release)
Entity	Revolut Global Digital Assets Limited
Legal basis	Permission under Part 7, Financial Services Act
Scope	Virtual-asset orders, custody, staking
Regulator named	Gibraltar Financial Services Commission (GFSC)
Not claimed	EU MiCA licence

Source: HM Government of Gibraltar press release 796/2026, 19 October 2026.

Has Revolut resumed onboarding in Gibraltar?

Yes, per the government. It says that, “as reported in the press,” Revolut “has fully resumed the onboarding of Gibraltar residents to its electronic money and payments app,” and that new customers in Gibraltar can now open Revolut accounts and access the Group’s services.

The release does not say why onboarding had stopped. Do not invent a reason.

Who is affected?

Gibraltar residents who could not open Revolut e-money/payments accounts during the pause.
Compliance and product teams watching where Revolut places crypto order, custody and staking activity.
Other virtual-asset firms watching Gibraltar’s DLT pipeline — the government says three DLT permissions are expected this week, without naming the firms.

What else does the government say?

Minister for Trade and Industry Nigel Feetham KC MP said the developments result from “constructive engagement and close collaboration between Revolut, the Government and the GFSC,” aiming to let residents access major fintech services while keeping “high regulatory standards.”

He thanked the GFSC’s DLT supervisory team and Heidi Bocarisa, Director of Specialist Regulation.

The release also says the permission “broadens the range of products and services that Revolut can offer through its app” and strengthens Gibraltar’s position for virtual-asset businesses under a “robust regulatory framework.”

Is this a MiCA licence?

No. The primary source calls it a permission under Part 7 of the Financial Services Act for regulated DLT activities in Gibraltar. TSN is not equating that with an EU MiCA authorisation.

Our read

For AML and licensing watchers, the clean fact pattern is dual-track: retail e-money onboarding restored for Gibraltar residents, plus a local Part 7 DLT permission covering orders, custody and staking. The open compliance questions are perimeter and motive — what triggered the pause, and how this Gibraltar subsidiary sits beside Revolut’s other crypto permissions — none of which the government answers here. Treat “three DLT permissions this week” as a jurisdiction signal until named firms appear on the GFSC register.

What’s still unknown?

Why Gibraltar onboarding was paused
Names of the other expected DLT permissions this week
How Revolut will phase app features under the new permission

How we sourced this

Sole primary: HM Government of Gibraltar press release 796/2026, 19 October 2026.
Permission wording, activity list, onboarding resumption and “three DLT permissions” expectation quoted from that release only. No Revolut user counts or third-party executive quotes used.