Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with the digital asset platform Crypto.com. Yet, as trillions … [Read more...] about OTC crypto shops flood Hong Kong, but regulations may impact their presence
OTC
Crypto traders turn to OTC platforms amidst Bitcoin crackdown
Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today.Rising exchange rateOfficials in the country said earlier this month they would hunt down and end mining activity in the country. “[We will] … [Read more...] about Crypto traders turn to OTC platforms amidst Bitcoin crackdown