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Gate.io Group Completes Virtual Asset Service Provider Registration in Lithuania, Signifying EU Milestone in Its Expansion

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Gate Global UAB, the Lithuania-based entity of Gate.io Group, has completed its registration as a Virtual Assets Service Provider (VASP) in Lithuania, which allows Gate Global UAB to provide both cryptocurrency exchange and wallet services in or from Lithuania in compliance with local anti-money laundering and counter-terrorist financing (AML/CFT) laws and regulations.

Gate.io Group Founder and CEO Dr. Lin Han said, “Within every country we operate in, we seek to meet and exceed regulatory safeguards. Providing users with a reliable and safe experience and working with governments to meet their expectations will always be our primary goals when entering new regions.”

Lithuania has been extremely proactive in creating a healthy environment for digital asset companies. Their compliance and controls align with our commitments to reliable, safe, and compliant operations.”

Gate Global UAB is building a local team to oversee business operations in the country and offer products tailored to the region. Being a small Baltic European Union nation, Lithuania was among the early countries to spearhead crypto-friendly regulations, forming a welcoming regulatory environment for crypto exchanges.

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The new registration announcement comes during accelerated global expansion from Gate.io Group. Seeking to reach more users worldwide, the exchange is aggressively pursuing licenses and registrations in multiple regions with healthy crypto regulatory outlooks.

Blockchain

Sui’s Path Forward: Bybit Web3 and Sui Foundation to Host Exclusive Debate Live at Taipei Blockchain Week

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Oxbridge / SurancePlus Announces Upcoming Participation in Key Industry Events

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Prosper Powers Bitcoin MENA 2024 as Official Hashrate Sponsor

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Prosper, the leading decentralized protocol offering institutional-grade Bitcoin mining power on-chain, proudly announces its role as the official Hashrate Sponsor for Bitcoin MENA 2024. The highly anticipated conference will take place on December 9-10, 2024, at the iconic Abu Dhabi National Exhibition Centre (ADNEC), bringing together industry experts and key players from the global Bitcoin ecosystem and the wider crypto industry.

As the official Hashrate Sponsor, Prosper will feature prominently at the event and host an interactive booth where attendees can engage directly with its team and explore how Prosper is setting the standard for institutional-grade Bitcoin mining power on-chain, further unlocking Bitcoin’s full potential as the most decentralized cryptocurrency.

“As one of the most innovative community-focused projects under Animoca Brands, we are excited to showcase our unique offering at this year’s Bitcoin MENA event which aligns perfectly with our mission to democratize access to Bitcoin and its mining power,” said Milton Lam, Advisory Council Member & Launch Partner, Prosper. “Our participation underscores our leadership in institutional-grade Bitcoin mining innovation, advancing the possibilities of the world’s original and most decentralized cryptocurrency.”

Bitcoin MENA 2024 will bring together global leaders and influential voices, including Eric Trump, Prince Filip of Serbia and Saifedean Ammous, to shape the conversation on Bitcoin’s future.

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Eric Trump, Executive Vice President of the Trump Organization, will deliver a keynote address at Bitcoin MENA 2024, marking a significant milestone for the event. His participation brings a wealth of business acumen and leadership experience to discussions on Bitcoin’s growing adoption in the Middle East. Following Donald J. Trump’s appearance at Bitcoin 2024 in Nashville this July, the Trump family’s growing support for Bitcoin as a solution to combat inflation in the U.S. underscores the event’s importance.

Other notable attendees include Prince Filip of Serbia, Saifedean Ammous, author of The Bitcoin Standard and Abdulla Al Dhaheri of the Blockchain Centre Abu Dhabi. Their involvement highlights Bitcoin MENA’s influence and Abu Dhabi’s emerging role as a central hub in the global Bitcoin economy.

The Abu Dhabi edition of the Bitcoin Conference promises to be a transformative event, uniting institutional investors, developers, influencers and enthusiasts to explore Bitcoin’s rapidly growing potential in the region and globally.

The post Prosper Powers Bitcoin MENA 2024 as Official Hashrate Sponsor appeared first on News, Events, Advertising Options.

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