As Cointelegraph reported, Binance has witnessed a quantity of detrimental information in current months. Binance was so “touched” by authorities in lots of nations that CZ announced “ready to step down”.
It seems that Binance’s checklist of “whistleblowing” nations is rising by the day. Most not long ago, on the afternoon of July thirty, 2021 (Vietnam time), Binance announced halt delivering derivatives trading And futures contract in 3 nations: Germany, Italy and the Netherlands.
“Binance intends to decrease futures and derivatives trading across the euro zone, beginning with Germany, Italy and the Netherlands.
This recognize will take impact quickly. Users from these nations will not be capable to open new futures or derivatives accounts.
Users who have opened an account will have 90 days to shut their open positions ”.
Starting at a later on date (to be announced), customers in these nations will have 90 days to shut their derivative positions.
Find out a lot more here⬇️ https://t.co/DhLdyk6Q7w
– Binance (@binance) July 30, 2021
Therefore, Binance not only stops trading derivatives and futures in three nations: Germany, Italy and the Netherlands, but also intends to minimize this support all over the place. Europe.
It appears that Europe has failed to turn into the “peaceful destination” of this exchange.
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