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Crypto Exchange Coindirect Launches OTC Brokerage in South Africa

Cryptocurrency exchange Coindirect launches an over-the-counter (OTC) brokerage in South Africa.As industry news outlet CoinInsider reported on Sept. 27, the platform creates a vast liquidity pool by integrating with global platforms, allows for Bitcoin (BTC) price locks after a confirmation and for instant processing with no fees or slippage. Aimed

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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 targetsYi 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

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Off-Exchange or OTC Crypto Trades Now Available on Gemini Clearing

The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing.No OTC desk on GeminiGemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades

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Circle OTC Trading Branch Head Daniel Matuszewski Resigns

Daniel Matuszewski, head of over-the-counter (OTC) trading at the money transfer and BitLicensed crypto trading company Circle, has resigned.The Block reported news of Matuszewski’s departure on August 2. He apparently said that he was resigning to pursue a “brand new entrepreneurial opportunity in crypto.”According to the report, an anonymous

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Kraken Installs Crypto OTC Guru as CEO of Bitcoin Futures Platform

United States cryptocurrency exchange Kraken has hired the ex CEO of over-the-counter (OTC) trading platform B2C2 to head its new Bitcoin futures operation.Kevin Beardsley, who previously led the United Kingdom-based company for a year, will now oversee Kraken Futures’ expansion as volumes hit $2.5 billion in June. Beardsley confirmed the

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