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cryptoJul 23, 2026, 3:10 PM

What Does BitMEX’s Closure Reveal About New US Routes for Crypto Perpetuals?

The FM Daily Brief for July 23, 2026, reports that BitMEX has announced the closure of its crypto trading platform. No further details have been disclosed.

The FM Daily Brief for July 23, 2026, reported that BitMEX has announced the closure of its crypto trading platform. The brief did not provide additional details regarding the timeline or reasons for the shutdown.

BitMEX, a pioneer in cryptocurrency derivatives trading, had been a major player in the industry since its launch. The announcement comes amid ongoing regulatory scrutiny and a rapidly evolving landscape for crypto perpetuals.

The same daily brief also noted that the Financial Commission is launching a certification programme for prop firms, and that the SEC has settled a records lawsuit with Coinbase. However, the BitMEX news is the most significant development for the crypto broker sector on that date.

Source: Finance Magnates