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Woofun AI reports that Gate founder Dr. Han confirmed the exchange finished securing its Markets in Crypto-Assets (MiCA) and Payment Institution (PI) licenses ahead of the 2025 deadline. He emphasized that MiCA creates a level playing field, allowing platforms to compete on product quality rather than regulatory arbitrage, while stressing that strict enforcement against unauthorized entities remains vital for fair competition.
Gate Europe is leveraging these dual licenses to enhance its compliance infrastructure and risk management systems. The firm has also expanded its regulatory footprint with approvals or registrations in Malta, the Bahamas, Japan, the United States, Australia, and Dubai, aiming to deliver transparent services through a multi-jurisdictional licensing strategy.