Gate adds Malta payments license to expand EU fiat and stablecoin rails

💡 DMK Insight

Gate’s new EU payment license is a game changer for crypto transactions. This license under PSD2 rules opens the door for more seamless integration of crypto payments in traditional finance. Traders should pay attention to how this could affect liquidity and transaction speeds in the crypto market. With Gate now able to execute direct debits and credit transfers, we might see increased adoption from both retail and institutional investors, potentially driving up trading volumes. This could also ripple through to related assets, particularly those that are already integrated with Gate’s services. But here’s the flip side: while this is a positive development, it could also attract regulatory scrutiny, which might create volatility in the short term. Watch for how Gate’s competitors respond and whether they can keep pace with this regulatory shift. Key metrics to monitor include transaction volumes and any changes in user engagement on Gate’s platform over the next few weeks.