Gate, one of the world’s leading companies in the cryptocurrency space, has announced that its Malta-based entity, Gate Technology Ltd, has officially received a payment institution license under the EU’s Payment Services Directive 2 (PSD2) from the Malta Financial Services Authority (MFSA).
This milestone makes Gate one of the first crypto-native companies in Europe to secure this level of regulatory approval, reinforcing its long-term strategy to bridge legacy finance and Web3 infrastructure across the continent.
Giovanni Cunti, CEO of Gate Technology Ltd., commented on this achievement: “We are proud to have secured this payment institution license. This will enable Gate to build a secure and scalable bridge between traditional finance and Web3, and provide compliant payment solutions to customers across Europe.”
This achievement is a product of the dedication of our team and represents an important step towards alignment with the MiCA regulatory framework. ” He further emphasized the far-reaching importance of the license, noting that it establishes a strong foundation for future financial services and ensures regulatory certainty for both institutional and private customers in the dynamic European market.
This announcement builds on previous regulatory achievements in Malta, where Gate had previously obtained a full MiCA license to provide exchange and storage services. These milestones are part of Gate’s comprehensive global compliance strategy and span multiple jurisdictions including, but not limited to, Malta, Cyprus, the Bahamas, Japan, Australia and Dubai.
Malta in particular has emerged as a strategic location for European operations, offering a transparent and forward-looking regulatory environment consistent with Gate’s vision for secure, scalable and innovative digital asset services.
By securing the PSD2 license, Gate is now expanding its payment services across the European Union through passporting rights. This license not only confirms Gate’s commitment to compliance and regulatory excellence, but also strengthens its ability to integrate traditional financial mechanisms with Web3 applications, creating a seamless, secure, and efficient ecosystem for users. As Europe’s cryptocurrency landscape continues to evolve, Gate is well-positioned to play a leading role in driving innovation, transparency and trust in digital financial infrastructure.
About the gate
Founded in 2013, Gate is a pioneer in the crypto industry, and its flagship platform, Gate.com, serves over 49 million users worldwide and ranks among the top three crypto exchanges in the world by market share.
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