Binance shuts down derivatives trading in South Africa – The Block Crypto
advertisement Global crypto exchange Binance is cutting down its crypto trading offerings in South Africa. On October 8, Binance published a blog post announcing the immediate end to futures, options, margin and leveraged trading for users in South Africa. Users with open positions will have until January 6 to close them. On the firm’s local […]
Binance Cuts Derivatives in South Africa – Crypto Briefing
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Productfy raises $16M to build the ‘Shopify of embedded finance’ – TechCrunch
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Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
Productfy raises $16M to build the ‘Shopify of embedded finance’ – Yahoo Tech
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
Binance to Close Down Derivatives Services for South African Users – CryptoPotato
Binance users based in South Africa will have until January 6th next year to manually close their derivatives positions as the exchange is halting these services. This is the latest action by the world’s leading crypto trading platform in its efforts to comply with local regulators. As announced earlier on October 8th, Binance has alerted […]
Shanghai Maintains Global Finance Hub, Multinational Players Encouraged to Innovate in Expanding Sector – Yahoo Finance
SHANGHAI, CHINA / ACCESSWIRE / October 8, 2021 / Global financial service providers are positive about development in Shanghai with the city government setting higher goals in building itself into an international financial center during the 14th Five-Year Plan (2021-25). Shanghai is set to be a strategic link between the domestic and international markets during […]
Binance Stops Offering Derivatives, Leveraged Tokens in South Africa – Finance Magnates
Binance continues to curb its derivatives offering and has recently targeted its South African services. It has ceased the offering of crypto futures, options, margins and leveraged tokens to South African users, the exchange announced on Friday. “With immediate effect, South African users will be restricted from opening new accounts for these products,” the exchange […]