News Snapshot:
Binance, the world’s largest cryptocurrency trading platform, announced that its Hong Kong users will no longer have access to crypto derivatives. According to a release issued last Friday, new users of the platform in the Chinese special administrative region, “with immediate effect”, will not be able to have access to such products, while those who already have crypto derivative accounts will have 90 days to close the positions and during this period they will not be able to open new accounts. The general manager of the platform, Changpeng Zhao, asserted on Twitter that the move aims to help establish best...
