Hong Kong brokerage Futu halts crypto futures over regulatory issues

Cointelegraph

Published Jun 17, 2021 04:52AM ET

Updated Jun 17, 2021 06:40AM ET

A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.

Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory requirements, Chinese financial publication Sina (NASDAQ:SINA) Finance reports Thursday.

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