[Weiss Ratings: Litecoin ‘Excellent’ in Adoption and Investment Returns] Huobi closes crypto derivatives as part of wind-down for Chinese traders By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China. 644 Total views 11 Total shares Major cryptocurrency exchange Huobi has ended futures and other derivatives trading in mainland China today, as planned. Earlier this month, cryptocurrency exchange announced on its website that it will settle all futures, contracts, and other derivatives activities for all Chinese consumers today, as part of the larger plan to cease operations in the country. According…