Gate has secured a Payment Institution licence in Malta under the EU’s PSD2 framework, allowing it to execute regulated payment transactions across the European Union alongside its existing crypto services.
The licence was granted to Gate Technology by the Malta Financial Services Authority, enabling the firm to provide credit transfers, direct debits and payment account services under Malta’s Financial Institutions Act.
The approval builds on Gate’s October 2025 authorisation under the EU’s Markets in Crypto-Assets Regulation, which permits exchange and custody services across member states.
With PSD2 clearance, Gate can passport payment services across the bloc, expanding from crypto trading into regulated fiat and stablecoin payment infrastructure.
EU rules require crypto firms offering stablecoin-linked payment services to hold either a Payment Institution or Electronic Money Institution licence, making such approvals increasingly essential for exchanges targeting euro-denominated flows.
Gate CEO Giovanni Cunti said the licence positions the company to deliver compliant payment solutions to both institutional and retail clients, though the firm has not specified which products will launch first.
Gate said its exchange serves more than 49 million users globally, but it has not disclosed an EU user breakdown or a timeline for the rollout of expanded services.
The move follows a similar Malta Payment Institution approval for OKX earlier this year, underscoring a broader trend of exchanges securing payments licences to align with MiCA and EU financial law.