Binance: Hong Kong users will not be able to open new futures accounts, and old users will have 90 days to clear their positions

Binance: Hong Kong users will not be able to open new futures accounts, and old users will have 90 days to clear their positions

According to the Binance announcement on August 6, Hong Kong users will not be able to open new derivatives accounts (including all futures, options, margin products and leveraged tokens). In addition, Hong Kong users will have a 90-day grace period to clear their open positions from the date announced in a subsequent notice.

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