Temporary Suspension Of Crypto Asset Trading Services
- Mar 26
- 1 min read
GSTechnologies Ltd (LSE: GST), the fintech company, announces the temporary suspension of the Company's crypto asset trading services with effect from 15 April 2026.
On 31 December 2025 the Company announced that GS Fintech UAB's crypto asset trading platform had transitioned to operate under the VASP-registered entity Finferno Spółka Z Ograniczoną Odpowiedzialnością ("Finferno") in Poland. Whilst this can continue until 30 June 2026 the Company has determined that the Company's crypto asset trading activities should be aligned with the requirements of the EU Regulation on Markets in Crypto-Assets ("MiCA") as soon as possible.
Accordingly, with effect from 15 April 2026, Finferno will temporarily suspend all services relating to the trading of crypto assets. The suspension will remain in place until a MiCA licence is obtained. Finferno's Terms of Service will be updated in connection with the suspension and will take effect on the same date.
Users of the platform are being informed and further announcements will be made in due course, as appropriate.
Enquiries:
The Company
Tone Goh, Executive Chairman
+65 6444 2988
Financial Adviser
First Sentinel Corporate Finance
+44 (0)20 3855 5551
Brian Stockbridge / Gabrielle Cordeiro
Broker
CMC Markets
+44 (0)20 3003 8632
Douglas Crippen
Financial PR & Investor Relations
IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Staton
+44 20 (0) 3934 6632
Really informative update, I hadn’t realised how much regulatory alignment is starting to shape decisions like this. The temporary suspension of crypto trading services actually makes more sense when you look at it from a compliance point of view, especially with companies needing to meet frameworks like MiCA before continuing operations. From what I understand, the suspension is happening while the company works towards getting the proper licence in place, rather than stopping permanently, which feels more like a strategic pause than anything else. interesting because a lot of people assume these changes are sudden, but in reality they’re usually tied to longer-term regulatory shifts happening across the UK and EU. I think posts like this help highlight how the…