Who controls OTC markets?
Could you elaborate on who exactly exerts control over Over-The-Counter (OTC) markets in the realm of cryptocurrency and finance? Are there specific entities or individuals that regulate these markets, or is it a more decentralized system? Are there any regulatory bodies or authorities that oversee these transactions to ensure fairness, transparency, and compliance with relevant laws and regulations? Understanding the governance structure of OTC markets is crucial for investors and traders alike.
What is the difference between OTC Markets and exchanges?
Could you elaborate on the key differences between Over-the-Counter (OTC) Markets and traditional cryptocurrency exchanges? I'm particularly interested in understanding how their operations, liquidity, and accessibility to investors vary. For instance, how do OTC Markets facilitate transactions that might not be suitable for public exchanges? Additionally, what are the advantages and disadvantages of each platform for both buyers and sellers? Understanding these distinctions is crucial for making informed decisions in the cryptocurrency space.