7/30, 11:20 AM (Source: TeleTrader)
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Binance to wind down futures, derivatives products in EU

Cryptocurrency exchange Binance announced on Friday it plans to wind down its futures and derivatives products offerings in three European countries.

The exchange stressed that, starting from today, users in Germany, Italy and the Netherlands will not be able to open new futures or derivatives products accounts.

Binance added that it will later announce a date from which users in these countries will have 90 days to close their open positions.

Breaking the News / NP