PANews reported on April 29 that, according to official sources, Gate Group, a global leading enterprise in the crypto industry, announced that its subsidiary Gate Technology FZE ("Gate Dubai") has obtained a VASP license under the regulation and supervision of Dubai's VARA, approved to provide crypto asset trading services covering institutional investors, qualified investors, and retail users. This important milestone marks another deep expansion of Gate Group's global compliance strategy.
Gate Group places high importance on compliance, with multiple global entities having obtained registration, licenses, authorizations, and approvals from regulatory bodies in their respective 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 the licensed Japanese exchange Coin Master, further expanding its global compliance network. Dr. Han, founder and CEO of Gate Group, stated that the company has always adhered to a compliance-first development strategy, and obtaining VARA's comprehensive operational license is a key step in expanding Gate Group's presence in the Middle East and global markets, which also demonstrates its long-term commitment to safety, transparency, and user protection.
