Tags: otc

Wintermute Reports 400 Surge in OTC Crypto Trading Volumes for 2023

Today in Crypto: Jack Dorsey‘s Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech

Hong Kong Emerging as Crypto Hub Amid East Asia‘s Regulatory Challenges - Is China Reversing Course?

Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case

According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year.

South Korean Regulators Eye OTC Crypto Regulation

Today in Crypto: SOMA Finance to Offer ‘Legally Issued and Compliantly Structured Digital Security‘, Microsoft Unveils ‘Heavy-Metal Quartet‘ of AI Compilers

Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance.

DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption.

Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use.

Following the Arbitrum airdrop announcement, crypto users who have been eligible for the airdrop are already selling them in OTC markets.

Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West. Brokers are ready to turn Russian rubles into foreign currency abroad, in cash.

The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs.