Binance Bahrain Takes Over Derivatives For South African Users

Quick Summary:

Binance Bahrain B.S.C.has been appointed the new provider of derivatives products to South African residents, aligning with necessary regulatory frameworks.

This transition allows Binance to maintain compliance with the requirements enforced by the Central Bank of Bahrain and South African financial authorities.

In addition, the acquisition of the role of providing derivatives services is a strategic enhancement of the exchange service offerings.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaBahrainNigerNigeriaSouth Africa

Topics: Binance Exchange News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 13:58:14 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 37 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22332630

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #59

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