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 15:20:31
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

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

In this wave of AI, capital is clearly more inclined to pay a premium for segments that have real orders, visible supply bottlenecks, and quantifiable profits, which also puts the Crypto AI narrative under more direct scrutiny regarding the certainty of value realization.

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

B.AI and MiniMax launch a limited-time free offer for M3, allowing access to top-tier large model core computing power with no threshold.

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Overview of Important Market Events on June 21

Kalshi's biggest competitor is not Polymarket

The competitive logic of the prediction market has changed.

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