OTC Desks

Chinese Traders Use OTC Desks to Bypass Regulatory Hurdles: Report

Over-the-counter activity has picked up since the Communist Party reiterated its ban on crypto services on May 18.

News  ·  31 May 2021

Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First

Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

Markets  ·  24 February 2021

Why a Chinese New Year Sell-Off May Not Happen This Year

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.

Markets  ·  5 February 2021
Police Investigations

Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions

Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.

News  ·  8 June 2020
Binance US

Binance.US Launches OTC Trading Desk for Large Trades

Binance US has launched an OTC trading portal for major orders above $10,000

News  ·  11 May 2020
Funding Rounds

Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform

The $5 million round, led by Octopus Ventures, adds to a $2 million seed round raised in September of last year.

Business  ·  29 April 2020

IDG-Backed Crypto Exchange KuCoin Launches OTC Desk for Enterprises

KuCoin has teamed up with DigitalBits to provide companies simpler access to larger quantities of digital assets.

News  ·  15 April 2020

Stocks, Bitcoin Rally on Prospects for US Senate Stimulus Bill

Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too.

Markets  ·  24 March 2020

Coronavirus Is Changing How Crypto Markets Are Trading

Cryptocurrency traders are contending with volatile markets due to the coronavirus).

Markets  ·  28 February 2020

Circle Pivots to Stablecoin Platform as More Execs, Teams Depart

Circle will focus on its stablecoin business next year, following the sale of its OTC desk to Kraken and the departure of its chief financial and legal officers.

News  ·  17 December 2019