Gate Europe secures MiCA and Payment Institution licenses

Gate Europe has secured a Markets in Crypto-Assets (MiCA) license and a Payment Institution (PI) license, U.Today reported. The company stated that the licenses provide a foundation for offering digital asset services within the European Union's regulatory framework, which it views as a key element of its long-term growth strategy. Gate Europe also noted its ongoing investment in strengthening internal controls, risk management, operational oversight, and regulatory reporting. Giovanni Cunti, CEO of Gate Europe, said that Europe is setting high standards for digital asset regulation and that the company sees compliance as the basis for sustainable growth. He added that Gate Europe will focus on building a safe and reliable platform.