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GSR Becomes First Dual-Approved Crypto Liquidity Provider

1/7/2025

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Story summary
  • GSR is the first crypto liquidity provider approved by both the UK's FCA and Singapore's MAS.
  • FCA approval enables GSR Markets UK to provide over-the-counter and programmatic execution trading services.
  • GSR seeks to expand globally, addressing the rising demand for regulated crypto solutions.
  • CEO Xin Song highlights the importance of dual approval for market transparency and integrity.
  • GSR employs over 120 staff in the UK and plans to collaborate with local policymakers on crypto regulations.