Exchanges· ★★★· neutral·

Gate launches Gate Money, a one-stop financial hub spanning fiat, stocks and crypto

  • —Gate Money covers asset custody, collections, transfers, payments, exchange and yield
  • —Users need to update the Gate app to version 8.39.0 to access it
  • —Gate holds MiCA and PSD2 licences in Malta and a full VARA licence in Dubai
  • —The company says it complies with rules in 81 regulated jurisdictions
Why it matters: A major exchange is pushing deeper into banking and payments, raising competition with traditional fintech players.
Source: PANews