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GSR Gains Key Crypto License in Singapore
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GSR Gains Key Crypto License in Singapore
The Monetary Authority (MAS) of Singapore has granted GSR Markets a Major Payment Institution license.
The Monetary Authority (MAS) of Singapore has granted GSR Markets a Major Payment Institution license.
A crypto market maker in Singapore has been granted the inaugural license of its type.
In line with Singaporean laws, the license permits GSR to provide market-making and spot over-the-counter services.
In September, MAS had given GSR provisional approval.
The license demonstrates Singapore's aspiration to become Asia's leading center for digital finance.
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