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Binance Halts Crypto Derivatives Service In Spain: Report

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Binance has reportedly stopped offering its crypto derivatives services in Spain as it awaits approval from the Spanish regulator, Comisión Nacional del Mercado de Valores (CNMV).

Binance’s official Spain website has removed the derivatives option from its interface by removing the drop-down menu. However, the URLs for derivative services in Spain, including futures, battle, and derivative portal, are still active, according to Cointelegraph.

According to a local report, Binance would reintroduce the derivatives option only after gaining regulatory approval from the Bank of Spain in the form of a guarantee certificate (BdE).

https://cointelegraph.com/news/binance-reportedly-halts-crypto-derivatives-service-in-spain

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