Binance is winding down its futures and derivatives product in Germany, Italy, and the Netherlands, the company said on its website, citing the need to continually evaluate its products as the crypto ecosystem evolves. "With immediate effect, users from these countries will not be able to open new futures or derivatives products accounts," Binance said. Users from those countries will have 90 days to close their open positions, it added. The exchange has come under increased scrutiny from regulators in a number of countries, including the U.K. and Italy. As for action, in the crypto markets, bitcoin (BTC-USD) slips to $38.8K, ethereum (ETH-USD) rises to $2.34K, Binance coin (BNB-USD) slips a little to $309.60, litecoin (LTC-USD) slips to $38.76, and dogecoin trades at $0.20. Earlier this month, the cryptocurrency exchange ended its support for purchasing stock tokens on Binance.com after the Hong Kong Securities and Futures Commission stated that Binance isn't
