Crypto custody giant BitGo has officially launched a global over-the-counter (OTC) crypto trading desk. The new platform will provide spot and derivatives trading for more than 250 cryptocurrencies to clients across all major time zones, along with lending, yield generation, and custody services to institutional investors worldwide. BitGo claimed it ...
Hong Kong-based crypto exchange OSL Digital Securities (OSL) has announced the addition of Toncoin (TON), the native token of The Open Network, to its over-the-counter (OTC) trading services. Professional investors can now trade TON against USD, USDT, and HKD through the newly introduced trading pairs: TON/USD, TON/USDT, and TON/HKD. In ...
Two major financial regulators in Hong Kong have jointly announced their intention to implement reporting requirements established by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives. On September 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) revealed a plan to ...
Singapore's DBS Bank has revealed plans to launch over-the-counter cryptocurrency options trading and structured notes for qualified institutional investors and accredited wealth clients beginning in Q4 2024. Currently, the bank enables clients to trade cryptocurrencies and security tokens through its platform, DBS Digital Exchange. With the new initiative, clients will ...
