OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were...

The London Block Exchange startup has announced plans to launch a new cryptocurrency pegged to the British pound as interest in so-called "stablecoins" booms. The London Block Exchange, which does over-the-counter crypto trades and operates a crypto exchange, said on Friday that it had received...