OTC

A New Partnership Lets Institutional Investors Play OTC Crypto Markets

UK-based crypto lending and liquidity provider B2C2 is teaming up with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release.  This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) access B2C2’s large liquidity pools and better-priced over-the-counter (OTC) markets …

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Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019

Over-the-counter digital currency trading and lending firm Genesis closed the fourth quarter of 2019 with record high results in loan originations since its inception. Per a Jan. 30 press release, Genesis facilitated over $4.25 billion in loans since its incorporation in March 2018, which made Q4 the best in company history. Genesis originated more than …

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Iran, Hong Kong, India: Failed Protests Point to Need for Crypto-Anarchy ‘Second Realms’

</header> <strong>What is the second realm? It’s both an abstract and concrete “place” parallel to here, where temporary autonomous zones (TAZ) provide a chance to escape the burning surveillance spotlight of the state and brutal law enforcement culture, and allow for at least temporary exercises of human rights and freedom. A TAZ may allow for …

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Bitcoin Price: Which Countries Have the Biggest Premiums?

Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about …

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Traders Bemoan New Localbitcoins Identity Requirements

<header class=”article__header”> </header> <strong>Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money laundering requirements. The exchange recently changed its KYC/AML guidelines on September 1 and users say more …

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Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October

Cryptocurrency giant Binance plans to roll out its over-the-counter (OTC) trading platform for Chinese yuan in October. Chinese market targets Yi He, Binance co-founder and chief marketing officer (CMO) announced the news at a media session on Sept. 17, as Binance confirmed to Cointelegraph on Sept. 19. According to the CMO, Binance’s new OTC onramp …

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Binance to Add Fiat-to-Crypto OTC Trading in a Month, Co-Founder Says

Crypto exchange Binance is planning to add over-the-counter (OTC) trading to its platform in a month to provide users with fiat currency gateways. Binance’s co-founder and chief marketing officer He Yi said at a media session on Tuesday during the Shanghai Blockchain Week that the exchange will specifically support fiat on-ramp via OTC for Chinese …

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How Prime Brokerage Will Affect Crypto Markets

<header class=”article__header”> </header> <strong>Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage …

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Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

<header class=”article__header”> </header> <strong>Three months ago, Bitcoin.com launched its over-the-counter <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, hundreds of bustling users every day and thousands of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> trade offers.</strong> Also Read: Plans to Build $50M Bitcoin Cash Tech …

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Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin …

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