$BTC Gate.io Enhances KYC Verification Services with UPBIT

Gate.io, through its European subsidiary Gate UAB, announced the expansion of its account verification services related to the UPBIT cryptocurrency exchange.

This move underscores intensified efforts to comply with regulations in line with European standards that may impact a wide range of cryptocurrency assets globally.

Gate.io Expands KYC to Cover 3,800 Cryptocurrencies

The announcement from Gate.io marked a significant step in regulatory compliance, focusing on the expansion of KYC services. This focus aligns with European standards, emphasizing regulatory compliance for more than 3,800 cryptocurrencies.

The participating organization, Gate UAB, is the European regulated subsidiary of Gate.io. The expansion highlights a compliance-focused approach, urging users to update their KYC information to maintain account accessibility.