Crypto market maker GSR secures FCA approval for OTC services
The crypto trading firm and market maker GSR becomes the first crypto liquidity provider to earn regulatory authorizations from both the FCA and Singapore’s MAS.
GSR, the global crypto trading firm and market maker, has received approval from the Financial Conduct Authority for its British arm to operate as a registered crypto asset business, the firm announced in a Monday press release on Jan. 6.
With the approval, GSR says it has become the first crypto liquidity provider to be approved by both the FCA and Singapore’s Monetary Authority of Singapore. The approval allows GSR to offer over-the-counter and programmatic execution crypto asset trading services in the U.K. via its British arm.
Xin Song,…
