Odaily Planet Daily News According to official news, the crypto company Gate Group announced that its subsidiary Gate Technology FZE ("Gate Dubai") has obtained a VASP license under the supervision and regulation of Dubai VARA, and is allowed to provide crypto asset trading services, covering institutional investors, qualified investors and retail users. This important milestone marks another deepening and expansion of Gate Group's global compliance strategy.
Gate Group attaches great importance to compliance, and its multiple global entities have obtained or completed registration, licensing, authorization and approval from regulators in their jurisdictions, including Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, Hong Kong, China and other countries and regions. Last year, Gate Group also completed the acquisition of Coin Master, a licensed exchange in Japan, further expanding its global compliance network. Gate Group founder and CEO Dr. Han said that Gate Group has always adhered to the development strategy of compliance first, and obtaining VARA's full operating license is a key step for Gate Group to expand into the Middle East and global markets, and also confirms its long-term commitment to security, transparency, and user protection.