Gate, a world-leading player in crypto space, announced that Gate Technology Ltd, its Malta-based entity, has officially obtained a Payment Institution license under the EU’s Second Payment Services Directive (PSD2) from the Malta Financial Services Authority (MFSA). This milestone places Gate among one of the crypto-native companies in Europe to secure this level of regulatory approval, reinforcing its long-term strategy to bridge legacy finance and Web3 infrastructure across the continent.
Gate Technology Ltd. CEO, Mr. Giovanni Cunti, commented on the achievement: “We are proud to have secured this Payment Institution license. It positions Gate to build a secure, scalable bridge between traditional finance and Web3, delivering compliant payment solutions to clients across Europe. This accomplishment is the result of our team’s dedication and marks a critical step in aligning with MiCA’s regulatory framework.” He further emphasized the broader significance of the license, noting that it establishes a strong foundation for future financial services and ensures regulatory certainty for both institutional and retail clients in the dynamic European market.
This announcement builds on Gate’s earlier regulatory achievements in Malta, where Gate previously obtained a full MiCA license to provide exchange and custody services. These milestones are part of Gate’s comprehensive global compliance strategy, which spans multiple jurisdictions including but not limited to Malta, Cyprus, the Bahamas, Japan, Australia, and Dubai. Malta, in particular, has emerged as a strategic hub for European operations, offering a transparent and forward-looking regulatory environment that aligns with Gate’s vision for secure, scalable, and innovative digital asset services.
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By securing the PSD2 license, Gate is now expanding its payment services across the European Union through passporting rights. The license not only affirms Gate’s commitment to compliance and regulatory excellence, but also enhances its ability to integrate traditional finance mechanisms with Web3 applications, creating a seamless, secure, and efficient ecosystem for users. As Europe’s crypto landscape continues to evolve, Gate is well-positioned to play a leading role in driving innovation, transparency, and trust in digital financial infrastructure.
About Gate
Founded in 2013, Gate is a pioneer in the cryptocurrency industry, with its flagship platform, Gate.com, serving over 49 million users globally and ranking among the top 3 crypto exchanges worldwide by market share.
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