- Gate obtained a Payment Institution license in Malta under the EU’s PSD2 framework.
- The license enables the crypto exchange to expand its European services from trading into regulated payment infrastructure.
- This follows the exchange’s earlier acquisition of a MiCA license and aligns with a broader compliance trend among EU crypto firms.
Gate, a major crypto exchange serving over 49 million users, has secured a regulated foothold in the European Union by obtaining a Payment Institution license from the Malta Financial Services Authority (MFSA). This key authorization, announced Thursday, allows Gate to officially offer a suite of payment services across the bloc, strategically linking traditional finance with Web3.
The company said its Malta-based entity, Gate Technology, received the approval. Consequently, the exchange can now passport services like payment transactions, credit transfers, and account operations throughout the EU, enhancing its existing crypto permissions.
This payment capability builds upon the firm’s prior compliance milestone. On Oct. 1, 2025, Gate announced it had obtained a license under the EU’s Markets in Crypto-Assets Regulation for exchange and custody services. Gate CEO Giovanni Cunti stated the new license positions the company to deliver compliant payment solutions.
According to the MFSA’s public register, Gate Technology is authorized to provide services under Malta’s Financial Institutions Act. However, the exchange has not specified which payment products will launch first or when the expanded EU services will roll out.
Gate’s approval is part of a broader EU compliance trend. On Feb. 16, another major exchange, OKX, similarly obtained a Malta Payment Institution license. Under MiCA, crypto-asset service providers integrating stablecoin payments must align with EU payments law, making such approvals increasingly essential.
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