The company Huobi Group has launched the OTC regulated platform for institutional and large private investors.
Very proud to announce the launch of Huobi #OTC Desk, a customized and fully regulated — service for high volume traders. Built on our Gibraltar-issued license DLT, users can trade $USD, $GBP, and $for EUR $BTC, $ETH, + more!
More: https://t.co/hf9SFD5yO9#BTC #Bitcoin #ETH pic.twitter.com/BXIIbUP22O
— HuobiGlobal (@HuobiGlobal) 15 may 2019 R.
Huobi OTC Desk operates on the basis of the license issued by the financial services Commission of Gibraltar and enables solutions based on technologies of the distributed registry.
Platform operations are available with bitcoin, Ethereum and other cryptocurrencies and also Fiat currency, including US dollar, British pound and the Euro.
«We see a huge interest in digital assets of traditional players in the market. However, many of them still feel uncomfortable in an unregulated environment», — said senior Manager Global Huobi Jeff Adams.
Also, according to him, the new platform will meet the needs of supporters.
ForkLog previously reported that Huobi and several other well-known companies became users of Liquid sidechained from the company Blockstream.