Binance Crypto Exchange to Wind Down Derivatives Offerings in Parts of Europe – The Wall Street Journal

Binance, the world’s largest cryptocurrency exchange, will cease offering futures and derivatives products to investors in some European countries amid a growing crackdown by regulators. Users in Germany, the Netherlands and Italy won’t be able to open new futures or derivatives products accounts, with immediate effect, Binance said Friday. It indicated that other European countries […]

Binance Crypto Exchange Winds Down Derivatives In Europe – Law360

Law360, London (July 30, 2021, 2:40 PM BST) — Cryptocurrency firm Binance announced on Friday that it is winding down its futures and derivatives product offerings across Europe, where it has been coming under increasing regulatory scrutiny amid concerns about compliance and protection for investors. Binance Deutschland GmbH, which says it is the world’s largest cryptocurrency […]

Crypto exchange Binance to wind down derivatives in Europe – Yahoo Eurosport UK

By Tom Wilson LONDON (Reuters) -Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives business across Europe, the latest move by the platform to dial back its product range as pressure grows from regulators across the world. Binance users in Germany, Italy and the Netherlands will be unable to […]

Why FX derivative mis-selling disputes rarely go public – Euromoney magazine

Photo: iStock Photo: iStock The Financial Times and Bloomberg reported at the end of June that Deutsche Bank had made a payment of more than €10 million to J García Carrión for losses sustained over a period of six years. Euromoney understands that the Spanish firm has also made claims of mis-selling against two other […]

Crypto exchange Binance to wind down derivatives in Europe – Reuters

Biance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo LONDON, July 30 (Reuters) – Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators. Binance users in Germany, Italy […]

Binance winds down derivatives offerings in three European countries – The Block Crypto

Quick Take Binance will no longer offer crypto derivatives trading to users in three European countries: Germany, Italy, and the Netherlands. Binance has plans to shut its crypto derivatives products offerings across the European region in the future. Crypto exchange Binance announced Friday that it will no longer offer crypto futures and options trading to […]