Gate.io and Gate Global Corp Not Registered With CIMA (2025-04-11)

Summary

This is a public investor-warning notice issued by CIMA on 11 April 2025 clarifying that Gate.io and Gate Global Corp are not, and have never been, registered, licensed, regulated, or otherwise authorised by CIMA to conduct virtual asset service provider (VASP) business in or from the Cayman Islands. CIMA issued the notice in response to multiple public complaints referencing purported regulation of Gate.io in the Cayman Islands.

• Legal requirement: The notice reiterates the general legal requirement under Part 2 of the Virtual Asset (Service Providers) Act (2024 Revision) that any entity conducting, or purporting to conduct, virtual asset services as a business in or from the Cayman Islands must be duly registered or licensed by CIMA.
• Public advisory: It advises members of the public to exercise caution regarding dealings with Gate.io or Gate Global Corp, particularly where regulatory status is misrepresented.
• Complaints: It directs anyone with complaints to contact financial crime or regulatory enforcement authorities in their own jurisdiction.

This is an informational public notice rather than a rule or directive; it does not itself impose new compliance obligations on regulated entities, though it restates the existing statutory requirement that VASP business conducted in or from the Cayman Islands must be licensed or registered with CIMA.

Key obligations

• Any entity conducting, or purporting to conduct, virtual asset services as a business in or from within the Cayman Islands must be duly registered or licensed by CIMA under Part 2 of the Virtual Asset (Service Providers) Act (2024 Revision).

Applies to

virtual asset service providers, members of the public