Binance Bans Crypto Derivatives Trade In Europe

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Binance has officially stopped trading derivatives and futures products in Europe, starting with Germany, Italy and the Netherlands. Binance stated that it would make an announcement to confirm that there was a 90-day window to close any open positions. Binance continues to work with federal and regional regulators to establish the conditions for doing business in these areas.
Binance tweeted, “The European region was a very important market Binance, and it’s taking proactive steps toward harmonising crypto regulations. This is a positive sign to the industry.”
Binance plans to reduce the daily withdrawal limit from two Bitcoin (BTC) to 0.06 BTC in August. Binance will reduce the daily withdrawal limit from two Bitcoin (BTC), to 0.06 BTC in August. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comAnnieCoincu NewsTags: BinanceBinance BansCryptocurrency exchangeeuropeFutures and Derivatives Products