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Zhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation
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Zhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation

Zhao Dong's conviction in China's OTC crypto trading case underscores the country's strict cryptocurrencies and foreign exchange regulations, warning other entities operating in similar jurisdictions.

SEBA Hong Kong Gains Preliminary Approval for Crypto-Related Services
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SEBA Hong Kong Gains Preliminary Approval for Crypto-Related Services

SEBA Hong Kong, a subsidiary of Swiss-based SEBA Bank AG, has been granted an "Approval-in-Principle" by Hong Kong's Securities and Futures Commission, enabling it to offer crypto-related investment services.

OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023
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OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023

OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.

Coinsfera Enables Users to Trade USDT in UAE through OTC
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Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
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Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020

Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China
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Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

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