- GSR secures regulatory approvals to provide trading services in the UK and Singapore, enhancing its global credibility.
- These licenses position GSR as a bridge between institutional finance and the evolving crypto ecosystem.
GSR, a renowned worldwide crypto trading company, has reached significant regulatory milestones, obtaining legal trading licenses in both the United Kingdom and Singapore.
These dual achievements not only make GSR a reliable participant in the fast-changing crypto space but also help it to serve professional traders and institutional customers in two of the strongest financial regimes around.
GSR GOES BIG WITH APPROVAL IN UK & SINGAPORE FOR CRYPTO TRADING
GSR, this major crypto trading company, just got the go-ahead to legally offer trading services in both the UK and Singapore.
This means they can help big players in the crypto world buy and sell safely, without… pic.twitter.com/tweCzYsgma
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 6, 2025
GSR Secures FCA and MAS Approvals, Strengthening Global Regulatory Compliance
Approved recently by the Financial Conduct Authority (FCA) as a regulated crypto asset company in the United Kingdom, GSR Markets UK Limited is this accreditation that lets the company offer clients in the UK over-the-counter (OTC) trading and programmatic execution services.
GSR’s dedication to running under strict regulatory frameworks is shown by the FCA registration, therefore guaranteeing compliance and openness. More institutional clients looking for a safe and regulated environment for their crypto trading activity should be drawn in by the permission.
In another one of the most crypto-friendly countries, Singapore, GSR has solidified its position by acquiring a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license lets GSR Markets Pte. Ltd. provide spot OTC trading and market-making together with digital payment token services.
The MAS accreditation underlines GSR’s commitment to strict regulatory criteria, therefore strengthening its reputation as a trustworthy partner in the crypto industry.
Given the rising demand for crypto trading and liquidity solutions, GSR’s strategic location in Singapore presents chances for expansion of its services over the Asia-Pacific area.
These permits occur at a period when world authorities are closely examining the crypto sector. GSR’s ability to negotiate various legal and ethical trading environments not only improves its reputation but also provides a baseline for other companies hoping to operate inside these guidelines.
The dual licensing positions GSR as a link between traditional finance and the decentralized future by proving its proactive stance to conform with international norms.
On the other hand, CNF reported in June that should the U.S. Securities and Exchange Commission (SEC) approve a spot Solana Exchange-Traded Fund (ETF), the price of Solana (SOL) might spike to $1,300. According to GSR’s research, just Bitcoin (BTC) and Ethereum (ETH) satisfy the minimum requirements for spot ETF review at that time.
