What Does BitMEX’s Closure Reveal About New US Routes for Crypto Perpetuals?
Crypto perpetuals finally have defined regulatory routes in the US. That was not the case when offshore exchanges such as BitMEX built the market. BitMEX will shut its exchange on 23 September after an 11-year run, providing a timely opportunity to examine how those regulatory routes now work. The company said the decision followed a strategic review, and neither BitMEX nor the CFTC has linked it
Crypto perpetuals finally have defined regulatory routes in the US. That was not the case when offshore exchanges such as BitMEX built the market. BitMEX will shut its exchange on 23 September after an 11-year run, providing a timely opportunity to examine how those regulatory routes now work. The company said the decision followed a strategic review, and neither BitMEX nor the CFTC has linked it
Source: Finance Magnates