At the European Blockchain Convention in Barcelona on September 25-26, attention turned to how the forthcoming MiCA (Markets in Crypto Assets) regulations will reshape the European crypto landscape. Giovanni Cunti, CEO of Gate.MT, highlighted the growing institutional interest in Web3, emphasizing that MiCA’s introduction will provide the regulatory clarity needed to foster innovation and stability across Europe’s digital asset market.
“The enthusiasm for Web3 is growing rapidly,” Cunti remarked. “At the convention, it was clear that new institutional players are eyeing the market, and MiCA will be the catalyst for their involvement.”
Web3 is gaining significant momentum across Europe, driven by MiCA’s promise of a clear regulatory framework. The new rules are expected to make Europe a more attractive environment for digital asset innovation, encouraging both new entrants and increased market activity from established players.
“The new regulation will bring much-needed stability to the European market, attracting fresh participants and boosting activity among existing ones,” Cunti added.
As announced in September, the Malta-based Gate.MT is preparing to expand its operations across the entire European Economic Area once MiCA takes effect, with Malta serving as the central hub for Gate Group’s European activities.
“Gate.MT is positioned to be one of the first to seize the opportunities created by MiCA,” said Cunti. “Our team is fully focused on completing the final steps to secure a MiCA license by early 2025.”
Gate Technology Ltd (“Gate.MT”) is a company incorporated in Malta with registration number C89337 and trading under the name ‘Gate.MT’. Gate Technology Ltd is licensed by the Malta Financial Services Authority as a Class 4 Virtual Financial Assets (“VFA”) Services Provider.
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