BlockBeats News, April 29th, according to official sources, cryptocurrency industry firm Gate Group announced that its subsidiary Gate Technology FZE ("Gate Dubai") has obtained a VASP license under the regulation and supervision of VARA in Dubai, allowing it to provide cryptocurrency asset trading services to institutional investors, qualified investors, and retail users. This important milestone marks another deepening of Gate Group's global compliance strategy.
Gate Group attaches great importance to compliance, and multiple entities globally have obtained or completed registration, licensing, authorization, and approval by regulatory authorities in their respective jurisdictions, including Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, Hong Kong, China, and others.
Last year, Gate Group also completed the acquisition of the licensed exchange platform Coin Master in Japan, further expanding its global compliance network. Dr. Han, Founder and CEO of Gate Group, stated that Gate Group has always adhered to a development strategy that prioritizes compliance. Obtaining the full operational license from VARA is a key step for Gate Group to expand into the Middle East and global markets, confirming its long-term commitment to security, transparency, and user protection.
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