CryptoBank.Ltd - How Hong Kong Bitcoin Traders Defend Against Scams
" Like other currencies and commodities, bitcoin are commonly traded on exchanges and over the counter (OTC). The latter is especially common in places where exchanges cannot operate or for trades upwards of US$50,000, so-called “blocktrades.” In Hong Kong, the OTC market is particularly popular "
"...OTC traders take on a wide variety of risks. At first, there is the legal risk of unwittingly being lured into a money laundering operation. Even though the exchange of bitcoin is unregulated in many places, including Hong Kong, existing regulation mandates traders to perform due diligence on their counterparties." - Read Full Article
Source: Forbes.com
![CryptoBank.Ltd - Bitcoin Trading Platform BitMEX Hits 1 Million BTC in Daily Volume [Again]](https://static.wixstatic.com/media/3d64bf_34d128397221450da261eb6cb728e02b~mv2.jpg/v1/fill/w_62,h_35,fp_0.50_0.50,q_90,enc_auto/3d64bf_34d128397221450da261eb6cb728e02b~mv2.jpg)
