Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Tnoy30 on June 28, 2021, 04:26:37 PM
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Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government.
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China.
According to the updated user agreement section of the Huobi Global website, the ban on crypto derivatives trading covers users in jurisdictions such as China, Taiwan, Israel and Iraq. Other banned countries include the United Kingdom — restricted to retail customers — as well as Bolivia, Bangladesh and Ecuador, to mention a few.
Source: Huobi bans crypto derivatives trading for users in China (https://cointelegraph.com/news/huobi-bans-crypto-derivatives-trading-for-users-in-china)