Cryptoexchange Binance to stop Hong Kong users trading derivatives – Reuters

Binance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo HONG KONG, Aug 6 (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has made […]

Binance to Wind Down Hong Kong Derivatives Trading in Switch to ‘Proactive’ Compliance Stance – CoinDesk – CoinDesk

Binance, the crypto exchange that has come under scrutiny from regulators globally, said it will take a more proactive stance to compliance and stopped Hong Kong clients from opening new derivates accounts, effective immediately. UPDATE (AUG. 16, 9:27 UTC): Adds H.K. derivatives decision to headline, first paragraph.UPDATE (AUG. 16, 9:57 UTC): Adds Binance’s recent actions, […]

Delta Exchange Derivative Trading Solutions: A Closer Look – CryptoNewsZ

Introduction Over the years, the crypto markets and exchanges have undergone several changes to promote the trading of cryptocurrencies. This was further enhanced with the arrival of decentralized finance (DeFi) and blockchain-based crypto trading. The crypto market is full of amazing services, from stablecoins and asset tokenization to crypto loans and much more. Crypto derivatives […]

Binance to restrict derivatives trading for Hong Kong users – Cointelegraph

Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads: “Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period, no new positions may […]

Issue Briefing: What’s next for decentralized finance (DeFi)? – World Economic Forum

Over $58 billion USD is now locked in blockchain-based decentralized finance (DeFi) – and governments around the world are starting to pay attention. Join this issue briefing to hear from experts on the future of decentralized finance and the global policy outlook for this quickly evolving space. Robert Leshner, Founder and CEO, Compound Labs Paul […]

DeFi Deep Dive — UMA, Cutting Middlemen Out of Derivatives Markets – BeInCrypto

Introducing the cost of lawyers and financial advisors has always represented a high barrier to entry to financial markets. With the help of smart contracts and oracles, the UMA project aims to bring that barrier down. Sponsored Sponsored Unlike meme coins that are created for the sole purpose of riding the whimsical waves of social […]