After Europa, brokerage Binance suspends crypto derivatives offer in Hong Kong – Money Times

News Snapshot:

the crypto broker Binance announced, this friday (6), which will no longer offer futures trading and options of bitcoin (BTC) for Hong Kong users. With immediate application, new Hong Kong users will no longer be able to open Binance accounts to trade crypto derivatives. As for existing users, Binance said it will announce a date in the future and, from the set day, users in the Chinese administrative region will have 90 days to close their open positions. “Binance will be the first major brokerage for cryptocurrencies and digital assets to proactively restrict access to derivatives products for Hong Kong...