Gate Group has officially announced that its subsidiary, Gate Technology FZE, known as Gate Dubai, has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This license allows Gate Dubai to offer crypto exchange services to institutional, qualified, and retail investors. The move strengthens Gate Group’s commitment to regulatory compliance and its ambition to expand globally.
Dr. Lin Han, CEO and founder of Gate Group, called the full VARA license a significant achievement for the company. He praised Dubai as one of the most forward-thinking crypto markets in the world. According to Dr. Han, this development brings Gate Group one step closer to becoming a fully compliant, global digital asset platform. He also emphasized the company’s continued focus on building a secure and transparent environment that protects its users.
Now that the license is secured, Gate Dubai is preparing for its official launch. The team is growing rapidly, and the platform will soon enable users to trade cryptocurrencies with each other or swap crypto for fiat currencies. All services will operate within the strict regulatory framework established by VARA.
The Head of Gate Dubai stated that the company aims to combine its international experience with the unique needs of the local market. By aligning with Dubai’s fast-growing digital asset ecosystem, Gate Dubai plans to deliver crypto services that are safe, efficient, and fully compliant with regional regulations. The company sees Dubai as a key pillar in its future expansion strategy.
Gate Group’s decision to enter the Middle East was driven in large part by Dubai’s rapid rise as a global crypto hub. The company’s compliance-first strategy has already resulted in regulatory approvals in several key markets, including Lithuania, Argentina, Malta, Italy, Gibraltar, the Bahamas, and Hong Kong.
Gate Group has also been actively expanding its global presence. Last year, the company acquired Coin Master, a licensed crypto exchange in Japan. This acquisition, along with the new VARA license, positions Gate Group as a leading player among regulated global crypto platforms.
With Dubai now on the map, Gate Group’s global vision is devoted toward action!
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