Encrypted exchange Gate.io tweeted that Gate has obtained a Hong Kong Trust and Company Service Provider (TCSP) license to provide custody solutions covering a range of digital assets in Hong Kong. Foresight News notes that the Hong Kong TCSP license is a corporate service provider license issued by the Hong Kong Special Administrative Region Government. Any institution that provides corporate services such as establishing, managing or establishing companies, funds or trusts on behalf of customers needs to hold this license.