Gate has acquired a payments license in Malta, expanding its capabilities for fiat and stablecoin transactions within the European Union. According to reports, the license enables Gate to execute payment transactions in the EU, encompassing direct debits and credit transfers. This regulatory approval allows Gate to operate under the Payment Services Directive 2 (PSD2) rules, enhancing its service offerings in the European market. The development signifies Gate's commitment to growing its presence and facilitating easier transactions for its European users.

Gate has acquired a payments license in Malta, expanding its capabilities for fiat and stablecoin transactions within the European Union. According to reports, the license enables Gate to execute payment transactions in the EU, encompassing direct debits and credit transfers. This regulatory approval allows Gate to operate under the Payment Services Directive 2 (PSD2) rules, enhancing its service offerings in the European market. The development signifies Gate's commitment to growing its presence and facilitating easier transactions for its European users.