Binance, one of the world’s largest cryptocurrency exchanges, announced on Friday that it will limit Hong Kong users from trading derivative products. This is the latest in a series of changes made by the exchange to improve compliance standards. According to the statement, users will not be able to open new derivative product accounts immediately and Hong Kong users will be required to close their existing positions from the date of the announcement. He added that this was “in line with compliance efforts.” Not only Hong Kong, but also UK, German, Japanese and Italian regulators [Binance](//gadgets.ndtv.com/tags/binance) Concerned last month about...