Cryptocurrency Q&A
Who runs the OTC market?
Who runs the OTC market?
BlockchainLegend
Tue Aug 27 2024
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6 answers
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Could you please clarify who exactly oversees and operates the OTC market in the world of cryptocurrency? Is it a centralized authority, or is it more decentralized in nature, with various players like exchanges, brokers, and traders participating in a more autonomous manner? I'm curious to understand the hierarchy and governance structure that governs the functioning of this market, especially in comparison to traditional financial markets.
6 answers
Alessandra
Thu Aug 29 2024
With its focus on mid-sized and development-stage companies, the OTCQB serves as a bridge between the less stringent requirements of the OTC Pink market and the stricter regulations of the NASDAQ or NYSE.
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Federico
Thu Aug 29 2024
The OTCQB is an integral part of the OTC Markets Group's three-tiered system for trading over-the-counter (OTC) stocks. It serves as the middle tier, catering to a specific segment of the market.
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isabella_doe_socialworker
Thu Aug 29 2024
The OTC Markets Group, formerly known as the National Quotation Bureau (NQB), has evolved significantly since its inception. It now functions as a comprehensive platform for the publication and dissemination of price data related to OTC securities.
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Federica
Thu Aug 29 2024
OTC stocks, unlike those listed on major exchanges, are traded outside of traditional marketplaces. The OTCQB provides a regulated environment for these transactions, ensuring transparency and investor protection.
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Valentino
Wed Aug 28 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services that cater to the needs of digital asset traders. Its services include spot trading, futures trading, and a secure wallet solution.
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