GSR Markets UK, a subsidiary of the global cryptocurrency trading firm GSR, has received regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA), allowing the company to operate as a licensed crypto asset business. According to a news release, the approval makes GSR the first crypto liquidity provider to achieve dual regulatory authorization from both…

The Solana network has surpassed Ethereum and Base combined in 24-hour decentralized exchange (DEX) trading volume, according to data from DefiLlama. According to DefiLlama, daily trading volume across Solana-based DEXs neared $3.8 billion on Jan. 6, versus $1.7 billion for Ethereum and $1.2 billion for Base, Ethereum’s most popular layer-2 scaling network. The growing trading volume…

Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout. MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30. While concerns regarding regulatory overreach persist, the…