GSR Markets UK Limited, a subsidiary of global cryptocurrency trading firm GSR, has been approved by the UK's Financial Conduct Authority (FCA) as a registered crypto asset business.
This makes GSR the first crypto liquidity provider to secure regulatory authorizations from both the FCA and the Monetary Authority of Singapore (MAS), showcasing their commitment to compliance and innovation.
The FCA registration allows GSR Markets UK Limited to offer over-the-counter and programmatic execution crypto asset trading services to clients in the UK.
With over 120 employees in the UK, GSR is one of the largest crypto-native employers in the region and plans to engage with UK policy makers as the regulatory framework evolves.