Alisa Davidson
Published: September 27, 2024 at 8:20 am Updated: September 27, 2024 at 8:21 am
Edited and fact-checked:
September 27, 2024 at 8:20 am
In Brief
Gate.MT CEO Giovanni Cunti delivered a presentation at CryptoRoma, emphasizing the importance of advancing Web3 adoption in Italy.
Chief Executive Officer of Gate.MT, Giovanni Cunti, delivered a presentation at the CryptoRoma meetup held on September 21, emphasizing the importance of advancing Web3 adoption in Italy, which sparked considerable interest and dialogue among attendees.
During his speech, he provided an overview of Web3’s evolution over the past fifteen years, highlighting the potential for growth and innovation within Rome’s emerging Web3 landscape. He also engaged with the audience by exploring local Web3 projects and offering insights on how Italy could position itself as a leader in this evolving technology.
“I am thrilled to see the growing enthusiasm for Web3 technologies in Italy. By sharing knowledge and fostering collaboration, we can accelerate adoption and unlock new possibilities for innovation and economic growth in Europe,” said Giovanni Cunti, Chief Executive Officer of Gate.MT, in a written statement. “Adoption rates are still relatively low, but there is significant potential for growth. With its strong focus on safe, secure, and compliant services, Gate.MT is committed to advancing and leading the Web3 ecosystem throughout Europe,” he added.
Gate.MT, a regulated cryptocurrency exchange overseen by the Malta Financial Services Authority (MFSA), operates under the Gate Group. The platform is gearing up to serve users across the European Economic Area (EEA) under the forthcoming Markets in Crypto Assets (MiCA) regulations, reflecting its dedication to maintaining compliance and security standards. The company has held registration with Italy’s OAM since February 2024 and with Malta’s MFSA since 2018.
Gate.MT Set To Lead Gate Group’ European Operations Under MiCA
Giovanni Cunti, the Chief Executive Officer, previously mentioned that Gate.MT is “working diligently to ensure seamless compliance” with the MiCA framework.
“Malta was one of the first jurisdictions in Europe to implement comprehensive regulations for crypto-related activities. Our existing license already closely aligns with MiCA’s requirements, and we are working diligently to ensure seamless compliance,” said Giovanni Cunti, referring to Gate Group’s plans to provide cryptocurrency asset services in the European Union.
“We believe that the new regulatory regime will unlock significant potential for the expansion of the crypto industry. With the introduction of MiCA, we anticipate that more users will enter the crypto sphere, confident in the enhanced protections provided by this regulatory framework,” he emphasized earlier.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
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In Conclusion
Gate.MT’s CEO, Giovanni Cunti, showcased a forward-thinking approach to Web3 adoption in Italy, outlining the potential benefits and growth opportunities within the evolving landscape of digital finance. With a focus on compliance, security, and innovation, Gate.MT is positioning itself as a leader in the Web3 ecosystem throughout Europe. As regulatory frameworks like MiCA come into play, the crypto industry is set to witness significant expansion, attracting more users and enhancing protections within the sector. As we move towards a future driven by Web3 technologies, collaborations and knowledge-sharing will be key in accelerating adoption and driving economic growth across the continent.
