Gate.io Continues Its Expansion Momentum, Launches Crypto Exchange GateTR in Turkey

Throughout Q3 2022, Gate.io Group, the parent company of crypto exchange Gate.io, revealed its global expansion progress in several key crypto regions such as Dubai, Lithuania, and Turkey. Now, a new milestone has been achieved. Gate.io and its Turkey-based counterpart Gate Turkey unveiled GateTR, a new crypto exchange tailored to serve Turkey's growing crypto market.

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After establishing offices in one of Istanbul's business districts in May, Gate.io began expanding its operations in Turkey in preparation for GateTR's development and launch and formed strategic partnerships with other industry companies and local banks.

The launch of the GateTR crypto exchange is a significant step forward in Gate.io Group expanding its products and services to more users globally. Gate.io Group has put regulatory compliance at the center of its globalization strategy, dedicating resources to ensuring it meets or exceeds the expectations of regulators and legislation.

Aside from establishing offices in Turkey this year, Gate.io Group groups' various regional entities acquired licenses and registrations respective to their regions, including a VASP registration in Lithuania, VFA Class 4 license in Malta​, a TCSP license in Hong Kong, and a DMCC license in Dubai.