Dubai, United Arab Emirates The UAE-based subsidiary of Gate Group, a well-known player in the worldwide cryptocurrency market, Gate Technology FZE, doing business as Gate Dubai, has been granted a full operating license by Dubai’s Virtual Asset Regulatory Authority (VARA). The license formally identifies Gate Dubai as a Virtual Asset Service Provider (VASP), allowing it to provide institutional, qualified, and individual investors with cryptocurrency trading services.
Strategic Win in a Forward-Looking Crypto Market
Dr. Lin Han, CEO and founder of Gate Group, hailed the VARA license as a pivotal milestone in the company’s broader strategy to establish a globally compliant platform. “Dubai continues to lead the way in creating a progressive and secure environment for digital assets,” said Dr. Han. “Securing this license brings us one step closer to our vision of delivering a fully regulated, user-centric crypto platform on a global scale.”
The approval sets the stage for Gate Dubai’s full-scale launch. The company is ramping up hiring and infrastructure to support a comprehensive suite of services, including crypto-to-crypto trading and fiat conversions—entirely within the regulatory parameters set by VARA.
Strengthening Dubai’s Crypto Ecosystem
Gate Dubai’s leadership emphasized the company’s intent to serve as a bridge between global best practices and local market demands. “We aim to integrate our global expertise with the unique opportunities present in the UAE,” a spokesperson said. “Dubai is fast becoming a central hub for digital assets, and we’re committed to offering secure, compliant, and efficient services to support that growth.”
The move aligns with Dubai’s broader ambitions to position itself as a world-leading digital economy, supported by a structured and transparent regulatory regime.
Expanding a Global Compliance Network
Gate Group has received regulatory licenses in several jurisdictions, including Lithuania, Argentina, Malta, Italy, Gibraltar, the Bahamas, and Hong Kong, as a result of its strategic compliance-first approach to its foray into the Middle East.
In 2024, the company further extended its regulatory reach with the acquisition of Coin Master, a fully licensed exchange in Japan. These developments underscore Gate Group’s focus on expanding its operational footprint while adhering to the highest standards of regulatory integrity.
As Gate Dubai prepares to go live, the firm is positioning itself as a key player in the region’s burgeoning crypto landscape—offering robust, regulated services designed to foster trust and transparency in the digital asset space.
