Crypto market maker GSR Markets receives MPI license from Singapore's MAS, becoming one of the first to do so.
Crypto market maker GSR Markets has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), making it one of the first firms to receive the licence in the country. The license allows GSR to conduct over-the-counter spot and market-making services within the city-state's regulatory framework. Singapore's move signifies its commitment to fostering innovation in the digital assets space while ensuring regulatory compliance.
April 04, 2024
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