Gate Group Secures Major MiCA License in Malta for European Expansion
Gate Group, a prominent player in the crypto sphere, has obtained a significant license in Malta. CEO Giovanni Cunti believes this will bolster their commitment to European compliance and regulatory standards.
The company, led by Chairman Stephen Maher, has been expanding its global compliance strategy. It has recently secured a MiCA license in Europe through its Malta-based subsidiary, Gate Europe. This license allows the company to provide exchange and custody services across the continent.
Gate Group's regulatory journey includes obtaining or completing registrations in several jurisdictions. These include Malta, Italy, Bahamas, Hong Kong, Japan, Australia, and Dubai. The new MiCA license is a testament to their dedication to regulatory compliance.
Malta, known as a key hub for the crypto industry in Europe, is now home to Gate Group's European base. With the MiCA license, the company can offer exchange and custody services across Europe, further cementing its position as a leading player in the crypto space.
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