Tagged: over the counter trading

July 28, 2020 @ 10:14 pm By Omar Faridi  |  

Singapore-based Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow digital assets through a single, unified platform, has launched Bit.com, a cryptocurrency derivatives exchange. Founded in February 2019, Matrixport describes itself as… Read More

June 15, 2020 @ 9:13 am By Omar Faridi  |  

Authorities in China’s Guangdong province have reportedly frozen around 4,000 bank accounts which might be linked to money laundering operations through Bitcoin (BTC) and other cryptocurrencies. Local sources said that Guangdong police officials have identified bank accounts that allegedly belong to virtual currency over-the-counter (OTC)… Read More

May 11, 2020 @ 7:59 am By Omar Faridi  |  

A potential $5 million online heist in Brazil had attempted to target Spanish financial giant, Banco Santander, however, it was reportedly stopped after the money was seized from local over-the-counter (OTC) digital currency exchanges. The alleged thieves had tried to convert the stolen money into… Read More

February 13, 2020 @ 5:50 am By Omar Faridi  |  

Circle Internet Financial is reportedly looking for a buyer for SeedInvest, its crowdfunding division, as the Boston-headquartered crypto firm aims to focus more on its stablecoin business, according to the Block. This is notably Circle’s latest downsizing move, which began in 2019 when the firm… Read More

January 29, 2020 @ 7:04 am By Omar Faridi  |  

Institutional digital asset company Liquidity Offset Network (lon.exchange) has introduced a central counterparty service for over-the-counter (OTC) traders. The new service, called “OTSafe,” assists OTC traders in reducing credit risk and better managing different collateral requirements. Trading firms QCP Capital and LedgerPrime have reportedly started… Read More