Revolut is preparing to offer cryptocurrency services in the UAE

The lucrative market in the UAE

According to reports, fintech giant Revolut is preparing to launch cryptocurrency services in the United Arab Emirates (UAE) , marking another strategic step in its global expansion into the tightly regulated digital asset market.

Revolut's UAE subsidiary , Revolut Technologies UAE Ltd. , has built its local operations since receiving its banking license, including recruiting regional compliance and product teams. The cryptocurrency rollout is expected to leverage Revolut's existing application infrastructure while complying with VARA's stringent anti-money laundering/customer identity verification (AML/KYC) , reserves , and consumer protection regulations .

This move aligns Revolut with the UAE's ambition to become a leading hub for cryptocurrencies , fintech, and crypto finance – while highlighting how mainstream financial platforms are increasingly integrating cryptocurrencies as a core product rather than an add-on.

The United Arab Emirates (UAE) has emerged as one of the most cryptocurrency-friendly countries globally, with clear licensing regulations, proactive regulators, and strong institutional involvement. Frameworks issued by authorities such as VARA and ADGM have provided fintech companies with legal certainty , a crucial prerequisite for launching regulated cryptocurrency services.

Services provided by Revolut

Although specific product details have not been fully disclosed, Revolut's existing cryptocurrency services in Europe and other markets provide a framework. This framework includes:

• Buy and sell major cryptocurrencies.

• Integrated custody services are included in the Revolut app.

• Seamless conversion from fiat currency to cryptocurrency.

• Track your investment portfolio in real time.

In the UAE context, these services can be adapted to local compliance requirements , potentially expanding over time to include staking , transfers , and tokenized assets as regulations permit.

Revolut's expansion strategy

Revolut has gradually evolved from a payment app into a multi-asset financial super-app, offering banking, trading, commodities, and cryptocurrency services all within a single interface. Cryptocurrency plays a strategic role in this model, fostering user interaction and positioning Revolut as a comprehensive platform for modern finance.

By expanding its cryptocurrency services to the UAE, Revolut strengthens its ambition to become a global gateway for digital assets, competing not only with exchanges but also with banks and fintech companies that are redefining financial accessibility.

Instead of competing purely on transaction depth, Revolut is likely to differentiate itself through convenience—integrating cryptocurrency into everyday cross-border payments, savings, and finance.

Our review

Revolut's preparation to offer cryptocurrency services in the UAE is a clear indication that digital banks are increasingly viewing tightly regulated digital assets as a core product line rather than a niche feature. With its existing banking license in the UAE, strong brand, and seamless app experience, Revolut is well-positioned to capture a significant market share among UAE residents and expats seeking an easy way to convert fiat currency to cryptocurrency.

This launch will further solidify the UAE's reputation as the most advanced cryptocurrency jurisdiction in the region — and add another layer of mainstream legitimacy to digital assets in the Gulf. For the broader cryptocurrency ecosystem, this is another step toward global adoption: when one of the world's largest digital banks brings cryptocurrencies to a high-growth market like the UAE, the path to everyday use is significantly shorter.

Disclaimer: The information presented in this article is the author's personal opinion in the field of cryptocurrency. This is not financial or investment advice. All investment decisions should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official stance of the platform. We recommend that readers conduct their own research and consult with experts before making any investment decisions.

Compiled and analyzed by HCCVenture

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