Today I saw a gossip that a certain exchange is violently and massively laying off employees.

From expanding by five to six hundred people at the beginning of the year to crazy layoffs, it has only been over half a year, and it is on the brink of collapse.

At the same time, some exchanges are still making moves globally in this pessimistic bear market.

Seeing Gate will appear as a platinum sponsor and exclusive crypto partner at FinanceMalta 2025, Gate Europe CEO Giovanni will deliver a keynote speech.

On the eve of the summit, Gate founder and CEO Dr. Han met with the regulatory agency of Malta.

Both parties engaged in in-depth discussions on the compliance pathways, regulatory practices in the cryptocurrency industry, and the cooperation space under the MiCA framework.

Everyone in the crypto space knows that whether the exchange used is reliable, safety and compliance are always the top priority.

Currently, Gate Group has obtained the MiCA license approved under the regulation of the Malta Financial Services Authority (MFSA), taking another significant step in compliance.

I checked, and multiple entities under Gate Group have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as the United States, Malta, the Bahamas, Japan, Australia, and Dubai.

Gate is moving towards global compliance rather than focusing on a single region, which is commendable.

In addition, the cryptocurrency craze in the Latin America region has been growing in recent years, and Gate has recently officially announced its participation as a sponsor in the annual blockchain event in Brazil.

It also launched a new service Gate Pay and introduced the country code function, covering more than 17 million merchants in Vietnam and Brazil in the first batch.

In other words: merchants support direct payment using cryptocurrency for QR code payments, which makes it possible for local residents to pay for their daily necessities with cryptocurrency.

This year, the use of Gate has increased, on one hand due to the increase in various welfare activities, new token offerings, and high-yield investment opportunities, and on the other hand, the transparency and compliance have been consistently improving, which makes people feel more at ease.

The market has been terrible lately, let's continue to mine coins at Gare.