– Gate Technology secures MiCA license from Malta regulator for EU-wide services
Gate Technology Ltd, part of Gate Group, secured a MiCA license from the Malta Financial Services Authority (MFSA) on September 1, 2025. This allows the firm to provide exchange and custody services across the EU under the new Markets in Crypto-Assets Regulation (MiCA).
Key Developments
- This move aligns Gate Group's operations with EU regulatory frameworks, emphasizing compliance as central to their expansion strategy.
- Dr. Lin Han, founder of Gate Group, underscores the importance of regulatory approval for long-term European objectives.
- The MiCA license facilitates Gate Technology Ltd's plan to expand operations throughout Europe using a unified regulatory framework.
- Gate Europe’s CEO, Giovanni Cunti, believes the license will enhance client service quality under MiCA regulations.
Impact on the European Market
- Gate joins other major exchanges like Coinbase, Kraken, Bitpanda, and OKX, which have also secured MiCA licenses.
- These licenses enable firms to operate across EU member states under a single set of rules, benefiting compliant exchanges.
- The MiCA framework mandates standards for consumer protection, transparency, governance, and capital reserves.
- Over 50 exchanges have gained MiCA approval, with 60 more seeking compliance.
The European regulatory model is setting new global benchmarks for digital asset supervision, influencing similar emerging regulations in the US.