Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges.
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Coinsuper Exchange Pivots Focus
Coinsuper, a Hong Kong-based cryptocurrency exchange which claims to have one million registered users, is reportedly refocusing its business on attracting and serving institutional investors. The company’s engineers in mainland China are said to be re-tailoring the platform to fit institutional clients’ needs such as portfolio management and compliance with reporting requirements. Management also hopes to be granted a license…