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Key news from last night and this morning (October 7 to October 8)

Gate officially launches Gate Money, building a one-stop financial services gateway on a global compliance framework. Gate founder and CEO Dr. Han attended Singapore TOKEN2049, delivered a keynote speech on the event's main stage, and announced the launch of Gate Money, further connecting services including fiat currency, digital assets, equities, payments, and asset management, and providing users with financial services across scenarios such as asset holding, receiving payments, transfers, payments, exchange, and yield. Currently, users can access this feature by updating the Gate App to version v8.39.0. The launch of Gate Money is built on Gate's continuously developed global compliance framework and financial infrastructure. Currently, Gate-affiliated entities have obtained a MiCA crypto-asset service license and a PSD2 payment institution license in Malta...

Source: https://www.panewslab.com/zh/articles/01a1193d-2628-707d-9e2c-1c1b2df717ce