Binance experienced an issue affecting its USD-Margined contracts in its Futures platform, but the problem has been resolved and all operations are back to normal, according to the exchange. Binance CEO CZ noted that the issue was related to the Futures UM Rest service/API, which affected the platform's UI and API, but said that Futures CM (COIN-Margined) contracts were not affected. This comes after Binance suspended all spot trading temporarily in March due to a matching engine bug and wound down its Australian derivatives division earlier this month following its license cancellation by the Australian Securities and Investments Commission (ASIC).
(By Chayanika Deka)
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