Gate has secured a Payment Institution license under the European Union’s Second Payment Services Directive (PSD2) through its Malta-based subsidiary, Gate Technology Ltd, following approval from the Malta Financial Services Authority (MFSA).
The milestone places Gate among a limited group of crypto-native firms in Europe to obtain this level of regulatory authorization, strengthening its long-term strategy to connect traditional finance infrastructure with Web3 across the continent.
The PSD2 approval expands Gate’s regulatory footprint in the European Union and builds on its previously secured license under the Markets in Crypto-Assets Regulation (MiCA) framework, which authorizes exchange and custody services. Together, the dual approvals create a broader compliance foundation that covers both digital asset operations and regulated payment services within the EU single market.
Strengthening Regulated Payment Infrastructure in Europe
With the PSD2 license, Gate Technology Ltd can provide regulated payment services across EU member states through passporting rights. These permissions typically include operating payment accounts, facilitating credit transfers and direct debits, and executing other transaction services under established European financial rules. The authorization also supports the development of fiat and stablecoin payment rails under a compliant structure.
Commenting on the development, Giovanni Cunti, CEO of Gate Technology Ltd, said the license positions the company to build a secure and scalable bridge between traditional finance and Web3.
He noted that the approval reflects the company’s regulatory commitment and establishes a foundation for expanding financial services to both institutional and retail clients in Europe. Cunti added that aligning with the MiCA framework remains central to Gate’s regional strategy.
The announcement forms part of the company’s broader global compliance drive. The company has pursued regulatory approvals across multiple jurisdictions, including Cyprus, the Bahamas, Japan, Australia, and Dubai, while Malta has emerged as a strategic hub for its European operations due to its structured and forward-looking digital asset regulatory environment.
By securing PSD2 authorization in addition to its MiCA license, Gate has expanded its operational scope beyond crypto exchange and custody into regulated payment infrastructure. As Europe’s digital asset market evolves under harmonized regulatory frameworks, the move positions Gate to deepen its role in integrating fiat systems and blockchain-based financial services within a compliant EU structure.