Gate Group announces the launch of Gate Dubai, with VARA licensing accelerating global hub-level expansion

GateNewsBot
Source: PANews

PANews January 6th News, according to an official announcement, Gate Group announced that its subsidiary Gate Technology FZE (referred to as “Gate Dubai”) has officially launched operations. Gate Dubai holds a Virtual Asset Service Provider (VASP) license under the regulation and supervision of the Dubai Virtual Assets Regulatory Authority (VARA), authorized to provide spot trading services for digital assets, serving institutional investors, qualified investors, and retail users. This launch is seen as an important step in Gate Group’s global compliance strategy, further consolidating its compliance footprint in the Middle East and North Africa (MENA) region, and strengthening its ability to connect regional and global markets. According to reports, Gate Dubai will offer spot trading services covering mainstream cryptocurrencies and support spot matching of local currency and digital assets to enhance asset allocation and trading convenience. Additionally, the platform has activated an independent localized site and is promoting the development of local teams and customer support systems, planning to participate in the local digital asset ecosystem through industry collaborations and educational activities. According to official information from Gate Group, its related entities have obtained or completed relevant regulatory registration, licensing applications, authorizations, or approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, and Dubai, continuously advancing a compliance-centered global operation strategy.

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