FCA approval paves way for Revolut to launch Dogecoin LED debit card across UK and EU amid crypto expansion

Revolut said it is reviving its crypto payment card strategy after receiving regulatory clearance from the UK Financial Conduct Authority, positioning the product as part of a broader regulatory expansion in the region ^{[1] [2]}.

On May 18, the fintech launched its first physical crypto card — a Dogecoin-branded debit card with an LED panel that lights when users tap to pay — and said the card will work wherever Visa and Mastercard are accepted in the UK and European markets ^{[3] [4]}.

The relaunch accompanies Revolut’s wider push into business banking, investment and wealth services, and follows coverage noting rising crypto activity on major platforms, including reports that daily crypto transaction volumes have surpassed 100,000 trades ^{[2] [4] [1]}.

Revolut framed the card as part of its ongoing expansion in regulated markets, with initial rollout focused on UK and European customers according to company posts and press reports ^{[1] [3]}.