Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternati

[Tanimariya]

Binance may gain customers because of Huobi's new restrictions.
Some Chinese traders and investors are seeking other trading venues after crypto exchange giant Huobi ramped up derivatives restrictions amid China’s crypto crackdown.

“Due to recent dynamic changes in the market, in order to protect the interests of investors, a portion of services such as futures contracts, ETP [exchange-traded products] or other leveraged investment products are temporarily unavailable to new users from a few specified countries and regions,” Huobi wrote in a statement sent to CoinDesk. Source Link

[Terrasin]

Binance The $4 million that Gemini donated to Climate Vault in exchange for carbon permits are supposed to prevent more than 340,000 metric tons of carbon from entering the atmosphere, or “the equivalent of nearly a billion miles driven by a typical passenger car.