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Huobi closes crypto derivatives as part of wind-down for Chinese traders -Breaking

News Snapshot:

Huobi, the major cryptocurrency exchange ended trading of derivatives in China’s mainland China on Friday according to plan. The exchange for cryptocurrency was established earlier in the month. AnnouncementOn its website, it stated that it will settle futures contracts for Chinese consumers and any other derivatives activity on Friday in accordance with a larger plan to stop operations. Continue Reading on Coin Telegraph Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets…

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