Category: OTC

Grayscale Gets FINRA Approval to Offer Ethereum Trust to Individual Investors

Photo: Grayscale Investments / Facebook American digital asset manager Grayscale Investments has disclosed that it managed to gain regulatory approval from the Financial Industry Regulatory Authority (FINRA) to open its Ethereum Trust for the over-the-counter (OTC) markets under the trading symbol ETHE for retail investors. ETHE, that was launched and funded […]

2 Chinese OTC Traders Accused of Illicitly Raising Bitcoin by Promising Interest

Two Chinese over-the-counter (OTC) traders have been accused of running an illicit bitcoin (BTC) loan scheme and collecting bitcoin by promising interest on deposits, Chinese newspaper The Beijing News reports on May 22. According to the article, Yi Zhou and Xiang Li convinced traders to send them their bitcoin holdings […]

Huobi Launches Fiat and Crypto OTC Service Trading in Gibraltar

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 making life Easier for Institutional Investors As stated in its […]

Huobi Launches OTC Desk for Institutional Investors

Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the Gibraltar Financial Services Commission (FSC), and enables major fiat-to-crypto and crypto-to-crypto trading pairs. […]

These Finance Veterans Want to Pave the Way for a Legitimate Crypto Asset Class

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 Era of a New Asset Class Towards the end of […]

Coincheck Launches OTC Trading Desk for Ethereum and XRP

Japan-based cryptocurrency exchange Coincheck is reportedly bringing the two largest altcoins by market cap, Ethereum, and XRP, to large scale investors. The platform has launched an Ethereum and XRP Over-the-Counter (OTC) trading service. The OTC trading desk will serve the needs of institutional investors that want to trade ETH and […]