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Gate founder Dr. Han: Gate has completed the MiCA licensing layout ahead of schedule, promoting fair competition in the European crypto market

According to CoinDesk, with the official full implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), the European digital asset market has entered a new era of unified regulation. Regarding the impact of MiCA on the industry landscape, Dr. Han, founder and CEO of Gate, stated in an interview that Gate began laying the groundwork for compliance in Europe several years ago and completed preparations for MiCA and Payment Institution (PI) licenses ahead of schedule in 2025. He pointed out that the significance of MiCA lies not only in establishing a unified regulatory framework but, more importantly, in ensuring that all market participants start from the same starting line. "Only when all platforms adhere to the same rules can the industry truly compete based on products, services, and user experience." At the same time, he also mentioned that if unauthorized platforms can still provide services to European users, the fair competition environment will still face challenges, making the effective enforcement of regulations equally crucial.Currently, Gate Europe has been continuously improving its compliance system, risk management, and operational governance capabilities based on the dual licenses of MiCA and PI, while deepening its global compliance layout. In addition to Europe, several entities under Gate have completed relevant regulatory registrations, license applications, or obtained authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, the United States, Australia, and Dubai, solidifying the global business foundation through multi-regional regulatory licenses and continuously providing safer, more transparent, and efficient digital asset services to global users. In the future, Gate will continue to adhere to the parallel development of compliance and innovation, promoting the long-term healthy development of the digital asset industry with higher quality product experiences and global service capabilities.
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