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Crypto Exchange Binance Restricts Derivatives Services in Hong Kong

August 7, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Binance, one of the most prominent crypto exchanges in the world, announced today that the company is restricting its derivatives products offerings in Hong Kong. According to an official announcement released by the crypto exchange, users from Hong Kong will not be able to open new derivatives products accounts. Binance added that the company’s existing users in Hong Kong will have a grace period of 90 days to close their open positions. The latest announcement from Binance came nearly one week after the company stopped derivatives offerings in three European countries. Additionally, the crypto exchange is facing issues in India...
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