Crypto exchange Gate receives European payment license: more than just crypto

Crypto exchange Gate has received a license as a payment institution through its Maltese subsidiary Gate Technology. The approval comes from the Malta Financial Services Authority (MFSA) and falls under European PSD2 legislation. Gate can now also offer traditional payment services in all EU member states.

Gate can now also process bank transfers and euro payments

The PSD2 license makes it possible for Gate to provide regulated payment services throughout the European Union. This ranges from managing payment accounts and processing euro payments to integrating stablecoin payments within a legal framework.

Gate Technology is the platform’s Malta-based subsidiary. The new license is in line with the existing MiCA license that Gate received on October 1, 2025 for offering crypto services.

The combination of MiCA and PSD2 is becoming increasingly important

The combination of a MiCA and PSD2 permit is gaining importance in Europe. Companies that want to process stablecoin payments must comply with both crypto and traditional payments legislation. Gate can now position itself as a bridge between crypto and the regular financial system.

According to CEO Giovanni Cunti, the license makes it possible to offer payment solutions to both private users and institutional parties. Gate claims to serve more than 49 million customers worldwide, although it is unclear how many of these come from Europe. It has not yet been announced which payment products Gate will launch first and when they will become available.

OKX also recently received a similar license in Malta

Gate is not the only one taking this step. On February 16, OKX also obtained a similar license in Malta, with the aim of offering payment products such as OKX Pay and its own crypto card.

The trend is broader: with the arrival of MiCA and existing PSD2 rules, crypto companies increasingly have to meet multiple licensing requirements if they want to combine fiat and crypto.