Gate US Receives Licenses to Operate in Several US States

Crypto exchange Gate.io announced that Gate US, its arm in the US, has received licenses to operate its exchange platform in several US states.

Dr. Lin Han, founder of Gate US as well as Gate Group, said, "Gate US has proactively registered as a money services business with FinCEN and obtained some money transmission licenses or similar to operate, and is currently working to obtain more."

Currently, Gate US is not in operation or accepting users.