BitMEX Imposes Restrictions on Three Jurisdictions
Shutterstock
Main page News, Exchange, Cryptocurrency Exchanges, Regulations

Crypto exchange BitMEX has limited its services in three jurisdictions. As follows from the official announcement, since Monday, "focusing on safety, security, and stability," BitMEX services are not available in the Seychelles, Bermuda and Hong Kong.

The exchange notes that the change "will have no financial impact on the business and will affect very few people."

"For this reason, we have decided to restrict access to BitMEX for users in the jurisdictions in which HDR-affiliated employees and offices are located," states the announcement.

BitMEX highlights that in the long-term view, this course of action affords its the best opportunity to engage regulators in deep, thoughtful, and productive explorations of the risks and opportunities present in the cryptocurrency market.

Earlier this year, one of the BitMEX founders, Ben Delo, joined the philanthropic campaign the Giving Pledge to safeguard future generations and protect the long-term prospects of humanity.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close