Gate Group announces that Gate Dubai has been awarded a full operational license by the Virtual Asset Regulatory Authority, expanding its compliance footprint in the Middle East market.

By: blockbeats|2025/04/29 07:20:31
0
Share
copy
Source: Gate.io

Gate Group announces that Gate Dubai has been awarded a full operational license by the Virtual Asset Regulatory Authority, expanding its compliance footprint in the Middle East market.

The cryptocurrency industry enterprise Gate Group has announced that its subsidiary, Gate Technology FZE (referred to as "Gate Dubai"), has obtained a VASP license under the supervision of VARA in Dubai, allowing it to provide cryptocurrency asset trading services to institutional investors, accredited investors, and retail users. This significant milestone marks another deepening of Gate Group's global compliance strategy.

Dr. Han, Founder and CEO of Gate Group, stated: "We have always adhered to a development strategy that puts compliance first, and Dubai is undoubtedly one of the most forward-thinking jurisdictions in the global cryptocurrency industry. Having been awarded the full operational license by VARA is a key step for Gate Group to expand into the Middle East and global markets, reaffirming our long-term commitment to security, transparency, and user protection. We look forward to growing together with the Dubai ecosystem and further promoting the prosperity of the local digital economy."

Simultaneously with obtaining the license, Gate Dubai is accelerating the establishment of a local team and actively preparing for the official launch of the platform. The platform will support bidirectional exchange transactions between users involving cryptocurrency and fiat currency, covering crypto-to-crypto, fiat-to-crypto, and reverse transactions, with users acting as counterparties to each other.

The head of Gate Dubai stated: "We are committed to building a compliant platform that combines global experience with local characteristics. In accordance with the VARA regulatory framework, we will continue to provide users with a secure, efficient, and professional service experience, injecting more vitality into the Dubai digital asset ecosystem."

As a city that represents a high degree of integration between global technological innovation and financial freedom, Dubai is rapidly emerging as a significant hub for the cryptocurrency industry. Gate Group's choice of Dubai as a key layout point in the Middle East region is a deep recognition of the region's regulatory transparency, innovation vitality, and development potential.

Gate Group is at the forefront of the industry in compliance construction and investment, having achieved compliance coverage in various regions such as the Americas, Middle East, Europe, and Asia. Its global entities have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as Lithuania, Argentina, Malta, Italy, the Bahamas, Gibraltar, and Hong Kong SAR of China. Last year, Gate Group also completed the acquisition of the licensed exchange platform Coin Master in Japan, further expanding its global compliance network.

This article is a contributed piece and does not represent the views of BlockBeats.

You may also like

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.

NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy

After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.

Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained

Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com