VASPCheck

VASP Compliance Summary — Gate

Gate Technology Inc. (Gate Group) · Exchange · Cayman Islands

Exported 2026-08-25

Data reviewed 2026-08-09

Overview

Compliance snapshot

Overall regulatory statusPending

EU MiCA statusMiCA application pending

MFSA MiCA CASP application pending — Malta entity
Regular Merkle-tree proof-of-reserves attestations since 2020
Trustpilot 3.4/5 · 2,910 reviews
Cayman parent; EU customers served under national transition regimes

Medium concern

Long-established venue with published reserve attestations and a Maltese MiCA application in progress, but the group remains offshore-domiciled with limited tier-one oversight.

Authorizations

Licenses & registrations

Jurisdiction	Regulator	Authorization	Status	Reference	Granted
Malta	Malta Financial Services Authority MFSA · https://www.mfsa.mt/financial-services-register/	MiCA CASP application	Pending	MT-CASP-APP-2025-0066	2025-02-19
Cayman Islands	Cayman Islands Monetary Authority CIMA · https://www.cima.ky/search-entities-cima	VASP registration	Registered	VASP-KY-2022-0413	2022-07-15
United States	Financial Crimes Enforcement Network FinCEN · https://www.fincen.gov/msb-registrant-search	MSB registration	Registered	31000-2001-7745	2020-01-28
Gibraltar	Gibraltar Financial Services Commission GFSC · https://www.fsc.gi/regulated-entities	DLT provider licence (application)	Pending	GI-DLT-APP-2025-012	2025-05-06

Reputation

Reputation scores

Trustpilot-style score3.4 / 5

Reviews2,910

App Store4.2

Google Play4.0

12-month trendflat

Press sentiment (12m)+4 / ~4 / −3

Media

Recent press

Date	Source	Headline & summary	Sentiment
2026-07-08	CoinDesk	Gate pursues Malta authorization for EU access The group said its Maltese entity would passport once authorized.	Neutral
2026-05-21	Reuters	Reserve attestations extended to stablecoin balances The venue widened its monthly reserve reporting.	Positive
2026-02-12	Bloomberg	Listing standards questioned after low-liquidity token A newly listed token collapsed within days, renewing questions on listing screens.	Negative
2025-10-27	Financial Times	Offshore exchanges court European licences Several Asian-founded venues opened EU entities ahead of the MiCA deadline.	Neutral
2025-07-03	CoinDesk	Gate exits one Asian market on licensing grounds Local users were migrated after the venue declined to seek a domestic licence.	Negative

Risk events

Incidents & enforcement

Date	Type	Amount	Description
2024-03-15	Enforcement	—	National regulator warning over unlicensed marketing; the venue geo-blocked the market.
2023-08-02	Outage	—	Withdrawal processing paused for six hours during a wallet migration.

Profile

Key facts

Founded2013

Websitegate.io

Fiat currenciesUSD, EUR, TRY

Proof of reservesYes

Custody modelOmnibus wallets with multi-signature cold storage

Legal entitiesGate Technology Inc. (KY) · Gate MT Ltd (MT)

Gate

PendingMiCA application pendingESMA register

Gate Technology Inc. (Gate Group)

Exchange🇰🇾 Cayman Islands Founded 2013gate.io

Visit website

Last reviewed

2026-08-09

Compliance snapshot

MFSA MiCA CASP application pending — Malta entity
Regular Merkle-tree proof-of-reserves attestations since 2020
Trustpilot 3.4/5 · 2,910 reviews
Cayman parent; EU customers served under national transition regimes

Overall concern

Medium concern

Long-established venue with published reserve attestations and a Maltese MiCA application in progress, but the group remains offshore-domiciled with limited tier-one oversight.

Regulatory

Licenses & registrations

Jurisdiction	Regulator	Authorization	Status	Reference	Granted
🇲🇹 Malta	Malta Financial Services AuthorityMFSA	MiCA CASP application	Pending	MT-CASP-APP-2025-0066	2025-02-19
🇰🇾 Cayman Islands	Cayman Islands Monetary AuthorityCIMA	VASP registration	Registered	VASP-KY-2022-0413	2022-07-15
🇺🇸 United States	Financial Crimes Enforcement NetworkFinCEN	MSB registration	Registered	31000-2001-7745	2020-01-28
🇬🇮 Gibraltar	Gibraltar Financial Services CommissionGFSC	DLT provider licence (application)	Pending	GI-DLT-APP-2025-012	2025-05-06

🇲🇹 Malta
Pending
MiCA CASP application
Malta Financial Services AuthorityMFSA
MT-CASP-APP-2025-00662025-02-19
Verify at source
🇰🇾 Cayman Islands
Registered
VASP registration
Cayman Islands Monetary AuthorityCIMA
VASP-KY-2022-04132022-07-15
Verify at source
🇺🇸 United States
Registered
MSB registration
Financial Crimes Enforcement NetworkFinCEN
31000-2001-77452020-01-28
Verify at source
🇬🇮 Gibraltar
Pending
DLT provider licence (application)
Gibraltar Financial Services CommissionGFSC
GI-DLT-APP-2025-0122025-05-06
Verify at source

User signals

Reputation

Trustpilot-style score

3.4/ 5

3.4

2,910 reviews

Stable (12m)

App ratings

App Store: 4.2
Google Play: 4.0

Press sentiment (12m)

Positive4

Neutral4

Negative3

Media

Recent press

2026-07-08
Gate pursues Malta authorization for EU accessNeutral
CoinDesk — The group said its Maltese entity would passport once authorized.
2026-05-21
Reserve attestations extended to stablecoin balancesPositive
Reuters — The venue widened its monthly reserve reporting.
2026-02-12
Listing standards questioned after low-liquidity tokenNegative
Bloomberg — A newly listed token collapsed within days, renewing questions on listing screens.
2025-10-27
Offshore exchanges court European licencesNeutral
Financial Times — Several Asian-founded venues opened EU entities ahead of the MiCA deadline.
2025-07-03
Gate exits one Asian market on licensing groundsNegative
CoinDesk — Local users were migrated after the venue declined to seek a domestic licence.

History

Incidents & enforcement

2024-03-15Enforcement
National regulator warning over unlicensed marketing; the venue geo-blocked the market.
2023-08-02Outage
Withdrawal processing paused for six hours during a wallet migration.