Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on May 31, 2021, 07:43:14 AM

Title: Chinese traders turn to OTC desks amid regulatory crackdown
Post by: sirty143 on May 31, 2021, 07:43:14 AM
(https://i.imgur.com/cweWrC1m.jpg)

As Beijing attempts to regulate and suppress the cryptocurrency boom, traders have been evading regulatory oversight by using over-the-counter, or OTC trading desks. According to a May 31 report published by Bloomberg, there has been a significant uptick in OTC platform usage since China announced its latest crackdown... See more for yourself here (https://cointelegraph.com/news/chinese-traders-turn-to-otc-desks-amid-regulatory-crackdown).

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