Rest In Piece! Binance stops futures trading for several Countries

After the Major Exchange Binance throttled the payout limit for certain user groups to 0.06 BTC per day just a few days ago, new restrictions are now reaching the crypto space. These primarily affect European users. At the same time, the number 1 cryptocurrency got off to a cautious start to the upcoming weekend. We take a look at the current events in the crypto space.

Binance with new regulations
Binance is responding to pressure from the supervisory authorities with new regulations that primarily affect European users. In a statement, the major exchange expresses itself as follows:

"Binancians ,

As the crypto ecosystem continues to evolve around the world, we continuously evaluate our products and work with our partners to meet the needs of our users.

For this reason, Binance will discontinue its offering of futures and derivative products in Germany, Italy, and the Netherlands. With immediate effect, users from these countries will not be able to open new accounts for futures or derivatives. From a later date, which will be announced in a further notification, users from these countries have 90 days to close their open positions. "

Binance lists FLOW
Binance expands its NFT offering! With Flow, the crypto exchange lists a promising Layer 1 protocol that was developed as the basis for a new generation of games, apps, and other applications. The decentralized blockchain platform from Dapper Labs has been attracting attention for several months with projects such as NBA Top Shot. At the time of writing, FLOW ranks 73rd on the crypto charts with a market cap of USD 1.24 billion. At the time of going to press, the token price was 22.83%, which corresponds to a daily increase of + 26.7%.