OTC News

South Korean regulators are currently monitoring the trading in the OTC crypto market to avoid its criminal use. The South Korean Supreme Prosecutors’ Office Criminal Law Academy held a session focusing on virtual currencies’ challenges and issues in light of…

Huobi Technology Holdings Limited will be introducing virtual holdings to the globe of traditional finance in the Canadian market. Cloud-based offerings, data center offerings, SaaS, digital asset finance, trust & custody, OTC, financing, exchange market, and strategic investment are covered…

Multinational investment banking giant Goldman Sachs has revealed intentions to introduce OTC Ether options trading, following a surge in demand from clients for the second largest cryptocurrency by market capitalization. Wall Street Bank Looking to Trade ETH Options According to…

According to a recent CNBC report, Wall Street giant Goldman Sachs has become the first-ever U.S. bank to complete a crypto over-the-counter (OTC) transaction. Leading digital assets merchant bank Galaxy Digital provided liquidity to facilitate and execute the pioneering bitcoin-linked trade. 

Ripple’s published its quarterly report for XRP on August 3, detailing important metrics around the tokens and other relevant information for investors. Maintaining a “Healthy” XRP market In Q2 2020, total XRP sales were $32.55 million vs. $1.75 million in…

Ether (ETH) P2P exchange platform LocalEthereum has officially renamed itself to LocalCryptos and introduced support for a slew of different cryptocurrencies including Bitcoin (BTC), and several other ERC-20 tokens. LocalEthereum Looks to go Global LocalEthereum, a prominent exchange in the…

Whilst it’s true that the United States is the single largest country in terms of exchange-based purchasing volume, China has surged past them in terms of over-the-counter (OTC) Bitcoin and Tether trading volume. Ignoring Asia as one of the frontlines…

Bitfinex announced the launch of its over-the-counter (OTC) trading desk via Ethfinex, a hybrid, Ethereum-based cryptocurrency exchange that supports roughly 50 ERC-20 token standards, according to a tweet on June 3, 2019. Ethfinex Trustless now Live As stated on its…

Huobi Group, the parent company of Huobi cryptocurrency exchange has launched a fully regulated crypto-to-crypto and fiat-to-crypto over-the-counter (OTC) trading desk in Gibraltar, specifically for institutional investors and high-volume traders, according to a blog post on May 15, 2019. Huobi…

Algorithmic digital asset trading company GSR announced the launch of a new cryptocurrency derivative, called a Bitcoin Variance Swap, which allows investors to hedge their cryptoasset portfolio against the volatility of bitcoin. Hedging Bitcoin Volatility Using Bitcoin Variance Swaps Hong…

According to a Bloomberg report published April 25, 2019, Singapore-based Liquidity Offset Network, the world’s first clearinghouse for crypto derivatives could launch as early as July 2019 should it get the green-light from the Singapore Monetary Authority (SMA.) Ushering in the…

Coinbase, a U.S. based cryptocurrency exchange, announced in a blog post on March 13, 2019, that its crypto custodial service has been directly integrated with the Coinbase Over The Counter (OTC) desk to enable clients to transfer funds easily and…

On January 22, 2018, Coinbase, the American cryptocurrency exchange, announced the launch of new trading and custody services for Coinbase Prime and Coinbase Pro which will allow high-volume investors in Asia and Europe to trade virtual currencies, make cross-border payments,…

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider for digital assets exchanges and financial institutions, has announced its streaming pricing feature aimed at enabling OTC traders to carry out “point-and-click” trading execution, according to a Business Wire press release on…

On December 4, 2018, Circle-owned cryptocurrency exchange Poloniex has opened doors to institutional investors on its platform. The crypto exchange announced that it has begun offering institutional accounts to large and small companies. Serving Institutional Clients The new update talks…

Perkins Coie, the Washington-based international law firm that represents highly reputed organizations across a vast range of industries, has hired Kari Larsen, a former enforcement lawyer at the U.S Commodity Futures Trading Commission (CFTC), to its Blockchain Technology & Digital…