Over-the-Counter (OTC) compliance refers to the regulatory and operational framework that governs OTC transactions in cryptocurrencies. OTC transactions are conducted directly between two parties, outside of traditional exchanges, often for larger deals that may not be feasible on public platforms.Compliance in this setting involves ensuring that all parties adhere to applicable laws and regulations. This includes Know Your Customer (KYC) practices, where businesses verify the identity of clients, and Anti-Money Laundering (AML) procedures to prevent illicit activities. Proper OTC compliance helps mitigate risks associated with fraud, market manipulation, and other illegal activities.Companies engaged in OTC trading must also keep accurate records and report transactions as required by regulatory authorities. This transparency is crucial for building trust and legitimacy within the market. As the cryptocurrency landscape evolves, maintaining strong OTC compliance practices becomes increasingly important for participants to navigate legal requirements and foster a secure trading environment.