[Gate Group CEO: Will Continue to Use Malta as the Core Hub for European Business Expansion] Gate Technology Ltd. CEO Giovanni Cunti stated that in 2018, Gate Group established its European operations in Malta and completed registration based on an evaluation of factors such as openness to crypto businesses and regulatory frameworks. Giovanni Cunti pointed out that Gate Group has strengthened compliance operations through collaboration with the Malta Financial Services Authority. Gate Group will continue to use Malta as the core hub for Europe, expanding Gate Group's business footprint in the European market.