
Gate Group has officially announced that its subsidiary, Gate Technology FZE (โGate Dubaiโ), has been granted a full Virtual Asset Service Provider (VASP) license by Dubaiโs Virtual Asset Regulatory Authority (VARA). The license allows Gate Dubai to offer exchange services to institutional, qualified, and retail investors, reinforcing Gate Groupโs commitment to regulatory compliance and global expansion.
A Major Milestone for Global Strategy
Dr. Han, CEO and founder of Gate Group, described the full VARA license as a significant achievement for the company. He noted that Dubai is one of the most forward-looking markets for crypto, and securing this license moves Gate Group closer to its goal of becoming a fully compliant global platform. Dr. Han emphasized that the company remains focused on building a secure, transparent platform designed to protect its users.
Gate Dubai is now preparing for its full launch. The team is expanding rapidly, and the platform will soon allow users to trade cryptocurrencies with each other or swap crypto for fiat currencies โ all under the strict regulatory framework set by VARA.
Gate Dubai to Boost Local Crypto Market
The Head of Gate Dubai stated that the company plans to combine its global expertise with the local marketโs needs. By aligning with Dubaiโs fast-growing crypto ecosystem, Gate Dubai aims to deliver safe, fast, and professional services, fully compliant with local regulations. The company sees Dubai as a critical part of its future expansion plans.
Growing Global Compliance Network
Dubaiโs rise as a crypto hub played a key role in Gate Groupโs decision to enter the Middle East market. The Groupโs compliance-first strategy has already secured regulatory approvals across Lithuania, Argentina, Malta, Italy, Gibraltar, the Bahamas, and Hong Kong.
Gate Group also expanded its global footprint last year by acquiring Coin Master, a licensed exchange in Japan. These efforts further strengthen its position among leading players focused on regulatory compliance and global reach.