Gate, a leading crypto platform, announced that its Malta-based entity, Gate Technology Ltd, has obtained an official Payment Institution license under the EU’s PSD2 from the Malta Financial Services Authority (MFSA).

Strategic Significance

  • Positions Gate among the few crypto-native companies in Europe with such regulatory approval.
  • Enhances ability to integrate traditional finance with Web3 applications.
  • Enables EU-wide expansion through passporting rights, ensuring compliant payment services.

Company Perspective

CEO Giovanni Cunti emphasized that the license is a critical step toward building a secure, scalable bridge between legacy finance and Web3. He noted that this milestone aligns with the MiCA regulatory framework, providing certainty for both institutional and retail clients.

Regulatory and Global Context

  • Gate previously obtained a full MiCA license in Malta for exchange and custody services.
  • The company’s compliance strategy spans multiple jurisdictions including Malta, Cyprus, Bahamas, Japan, Australia, and Dubai.
  • Malta serves as a strategic hub with a transparent regulatory environment supporting innovation in digital assets.

Future Outlook

With the PSD2 license, Gate is set to expand its payment services across Europe, facilitating a seamless ecosystem that combines security, efficiency, and regulatory compliance. The move positions Gate as a key player in shaping Europe’s evolving crypto-financial infrastructure.

About Gate: Founded in 2013, Gate.com serves over 49 million users globally, ranking among the top 3 crypto exchanges worldwide by market share.