Revolut has appointed former Coinbase chief threat officer and European managing director Michael Schroeder as international head of cryptocurrency growth.
Mr. Schroeder spent almost three years at Coinbase, the place he oversaw European threat and regulatory operations.
In a LinkedIn submit saying the transfer, he stated Revolut's focus will embrace “licensing, regulatory compliance, operations, and go-to-market.”
Michael Schroeder, World Head of Crypto Enlargement at Revolut, Supply: LinkedIn
The wording is obvious. This isn’t the kind of employment related to buyer acquisition or product advertising and marketing. This implies that regulatory and licensing capabilities will turn into simply as essential as product enhancements.
The transfer additionally displays a broader sample rising throughout the sector. Kraken lately appointed regulatory know-how professional Andreas Roussos to go its Cyprus operations.
Though Kraken’s Cypriot arm is intently linked to MiFID-regulated actions, the underlying logic seems to be related. Danger, compliance and licensing experience are on the coronary heart of our growth technique.
Are you going again to America?
Revolut already has a powerful regulatory place in Europe and the UK.
In 2025, the fintech firm turned one of many first corporations to obtain a MiCA license from the Cyprus Securities and Alternate Fee, making Cyprus a hub for European cryptocurrency operations.
The fintech was formally added to the UK Monetary Conduct Authority's (FCA) checklist of registered crypto-asset corporations in 2022.
Nevertheless, regardless of aggressive worldwide development, there may be nonetheless one main market the place Revolut lacks cryptocurrency permission. It's the USA.
In October 2023, Revolut suspended all crypto companies to U.S. prospects, citing an “evolving regulatory surroundings” amid elevated scrutiny of the sector by the U.S. Securities and Alternate Fee.
US customers retained entry to Revolut's banking and fiat companies, however they’ll now not purchase, promote or maintain digital property by the platform.
Nevertheless, issues are altering.
In March 2026, Revolut utilized for US Nationwide Financial institution Constitution, a transfer broadly interpreted as an try to extend its presence within the US and scale back its reliance on affiliated banking preparations.
If Revolut turns into a federally chartered financial institution, it might improve its potential for cryptocurrency earnings.
