Overview
- Malta’s MFSA granted Gate Technology Ltd a PSD2 Payment Institution license, the company announced on Feb. 26.
- The new authorization complements Gate’s existing MiCA approval for exchange and custody, creating a dual EU regulatory footing.
- Passporting under the PSD2 regime allows Gate to offer regulated payment services across European Union member states from its Maltese hub.
- Permissions include payment account operations plus execution of credit transfers and direct debits, providing a legal basis for euro and stablecoin-related flows.
- Gate has not disclosed specific products or launch timelines, while its CEO frames the license as infrastructure to connect traditional finance with Web3 within a broader multi‑jurisdiction compliance strategy.