derivatives

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  • Brazil Reportedly Probing Binance for Offering Cryptocurrency Derivatives, Company Refutes Allegations

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    Binance reportedly faces a probe in Brazil for allegedly allowing its users in the country to dodge a law that prevents them from investing in cryptocurrency derivatives. The company is currently under the scanner of Brazil’s Federal Prosecutor’s Office and the Federal Police, a local newspaper has reported. While the company refuted the allegations, the […] More

  • Binance to Close Australian Derivatives Business Amid Financial Services Licence Cancellation

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    Cryptocurrency exchange operator Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations. The Australian Securities and Investment Commission (ASIC) has been conducting a “targeted review” of Binance, first confirmed in February, when Binance said it had misclassified some retail investors as wholesale. […] More