Gate obtains Malta PSD2 payment institution license to advance the construction of EU stablecoin infrastructure

Gate announced that the Maltese company Gate Technology Ltd has officially obtained a Payment Institution (PI) license from the Malta Financial Services Authority (MFSA) under the EU's Revised Payment Services Directive (PSD2). This license makes Gate one of the few crypto-native companies in Europe to receive such regulatory approval, laying the groundwork for compliant stablecoin and payment services across the EU.

Mr. Giovanni Cunti, CEO of Gate Technology Ltd., stated that this license will support the company's efforts to build a secure bridge between traditional finance and Web3, providing clear regulatory assurance for institutional and retail users. Previously, Gate had obtained a full MiCA license for exchange and custody services.

With the PSD2 license, Gate is now expanding its payment service footprint across the EU based on the EU's common framework. This move reflects Gate's commitment to compliance and regulatory transparency, further driving its innovation and development in the European digital asset financial infrastructure sector.

Gate has consistently been at the forefront of compliance efforts and investments in the industry, with multiple entities having obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, and Dubai. Additionally, Gate US holds 33 state-level licenses in the United States, with its compliant operations covering 45 U.S. jurisdictions. The platform will continue to solidify the foundation for robust global development with a high-standard compliance system.