GSR, a global cryptocurrency trading firm, has received approval from the UK's Financial Conduct Authority (FCA) to operate as a registered crypto asset firm. This authorization allows GSR to provide trading services to institutional and qualified traders within the UK, enhancing its position in the global crypto market. Additionally, GSR has also secured approval to operate in Singapore, further expanding its capabilities in regulated crypto trading. In a related development, four companies—MoonPay, BitStaete, FinTech ZBD, and HiddenRoad—have been awarded Markets in Crypto-Assets (MiCA) licenses by the Netherlands, enabling them to operate across the 27-member European Union. These approvals reflect a growing trend of regulatory compliance in the crypto industry, as firms seek to establish secure trading environments.