Binance Delists 12 Margin Trading Pairs Amid Regulatory Efforts

Binance has announced that it will delist 12 margin trading pairs, including those for US Stocks, ETFs, and Options. This move comes as Binance seeks to streamline its offerings and comply with regulatory requirements.

The affected pairs include those facilitated by PT PG Berjangka as a Derivatives Broker licensed and supervised by the Financial Services Authority of Indonesia (OJK) for financial derivative products with underlying securities.

Binance has stated that it will continue to provide access to other asset classes, including Crypto Assets and Digital Financial Asset Derivatives (Crypto Futures), which are facilitated by PT Bumi Santosa Cemerlang and licensed and supervised by the OJK. Transactions for these assets are recorded on Central Finansial X (CFX) and guaranteed by Kliring Komoditi Indonesia (KKI).

It is worth noting that all investments involve risks, and past performance is not indicative of future results.