Announcements Gate Group Expands European Operations with Gate.MT, Positioned to Lead Under MiCA Regulations in 2025

Gate Group Expands European Operations with Gate.MT, Positioned to Lead Under MiCA Regulations in 2025

2024-09-10 09:40:24 UTC 24666 Read

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As Gate Group solidifies its commitment to the European market, Gate Technology Ltd. ("Gate.MT") is poised to become a key player in the region's crypto landscape. Headquartered in Malta, Gate.MT is preparing to provide services to all European Union users under the upcoming Markets in Crypto Assets (MiCA) regulations, set to come into force in January 2025. With Malta becoming Gate Group's European operations hub, Gate.MT plans to deliver secure, compliant, and innovative crypto asset services across the entire EU.

MiCA marks a significant step in standardizing crypto regulations across the EU, fostering a more secure and transparent environment for users and providers alike. Having operated successfully within Malta's regulatory framework for over a year, Gate.MT is well-equipped for this next phase of expansion.

"Malta was one of the first jurisdictions in Europe to implement comprehensive regulations for crypto-related activities. Our existing license already closely aligns with MiCA's requirements, and we are working diligently to ensure seamless compliance," said Mr. Giovanni Cunti, CEO of Gate.MT.

Since its inception, Gate.MT has placed regulatory compliance at the forefront, operating under a Class 4 Virtual Financial Assets (VFA) Service Provider license since 2022. "Malta will be our base for providing services to all EU users, allowing us to expand our operations throughout the entire European Union when MiCA takes effect," Mr. Cunti added. "With our established operations, we are uniquely positioned to scale efficiently across Europe."

Gate Group has always focused strongly on the European market and its growth opportunities. "We believe that the new regulatory regime will unlock significant potential for the expansion of the crypto industry," said Mr. Cunti. "With the introduction of MiCA, we anticipate that more users will enter the crypto sphere, confident in the enhanced protections provided by this regulatory framework."

Gate Group is committed to continuing to offer an easy, secure, and fast way for users to access cryptocurrency and related services. "We see this as an incredible opportunity and are dedicated to remaining a leader in innovation and compliance across Europe," Mr. Cunti added.

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The content herein is for informational purposes only, and does not constitute investment advice or any offer, solicitation, or recommendation of products or services. You should always seek independent professional advice before making any investment decisions. The products and/or services mentioned herein may not be available in your country or region.

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September 10th, 2024

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Gate Group Expands European Operations with Gate.MT, Positioned to Lead Under MiCA Regulations in 2025

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