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Binance Restricts Crypto Derivatives Products In Hong Kong, Existing Positions Have 90 Days To Close – Bitcoin News

August 7, 2021
Source: socialmediagossips.com socialmediagossips.com
News Snapshot:
Following Binance’s last announcement that it would discontinue offering crypto derivatives in Germany, Italy and the Netherlands, the company announced on Friday that it will also discontinue crypto derivative products in Hong Kong. As of now, users cannot open new derivative positions and customers with existing derivative positions have 90 days to close them. Binance ends crypto derivatives offerings in Hong Kong Binance announced on August 6 that the exchange will no longer offer its customers crypto derivatives. The news follows the company’s current issues with global regulators and major financial institutions discontinuing Binance’s service. On August 3, Bitcoin.com News...
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