PANews reported on February 25 that Gate US has officially obtained a Money Transmitter License (MTL) from the state of Pennsylvania. This brings Gate US's total number of state-level MTLs to 33, expanding its compliant operations to 45 U.S. jurisdictions, demonstrating its continued and steady progress in establishing compliance in the U.S. market.

Previously, Gate US's business covered multiple jurisdictions including Illinois, Ohio, Michigan, North Carolina, Georgia, Arizona, and Wisconsin, providing compliant and stable digital asset-related services to local users while complying with the regulatory requirements of each state.

Gate US is committed to compliance and sound operations. The platform will continue to follow up on the regulatory requirements of various states, optimize its compliance and risk control system, and increase related investments to provide a more reliable and efficient digital asset service environment for enterprise and institutional users.