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Dr. Han of Gate Group Discusses Compliance-Based Regional Expansion and Upcoming Major Developments in Cryptocurrency Trading

7 hours ago
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Gate Group’s Vision for Growth

In a recent live discussion with CNBC Arabia, Dr. Han, the founder and CEO of Gate Group, outlined ambitious plans for the company’s growth within the region, emphasizing the importance of compliance. He shared that the company is actively progressing towards realizing a “super unicorn” trading platform that is poised to redefine the industry standard.

Regulatory Milestones and Licenses

A significant milestone was achieved when Gate Technology FZE, a subsidiary of Gate Group, secured a comprehensive operational license from the Dubai Virtual Asset Regulatory Authority (VARA). This licensing is crucial as it enables Gate Dubai to legally offer cryptocurrency spot trading services within the emirate, aligning with local regulatory frameworks.

Strategic Focus on Dubai and MENA

Dr. Han identified Dubai as a pivotal location for Gate Group’s operations in the MENA region, promoting the development of localized trading platforms, fiat on/off ramp solutions, and robust institutional offerings. He further underscored that the organization is committed to foundational principles such as user-centric services, trustworthiness, global compliance, and innovative technology. These principles will guide their ongoing efforts to enhance the ecosystem surrounding their next-gen trading platform.

Celebrating Milestones in the Web3 Community

Recently, Gate.io celebrated its twelfth anniversary with a large-scale global event held in Dubai, which saw participation from thousands and generated considerable excitement within the Web3 community. Additionally, during the TOKEN2049 conference, Dr. Han hinted at an upcoming major announcement from Gate.io that is expected to draw significant attention from the cryptocurrency sector.

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