BitMEX restricts access to three countries

4개월 전

BitMEX, one of the largest crypto derivatives exchanges has recently announced that it will be restricting access to several jurisdictions due to insider-trading preventative measures.

The jurisdictions to be affected are Hong Kong, Seychelles, and Bermuda. All of these jurisdictions have a BitMEX presence. Seychelles with the HQ, Hong Kong with one of the main offices and Bermuda with most of the operations staff. The decision was made by BitMEX’s parent company, HDR Global Trading Limited that mentioned that the restrictions will remove any and all risks of involving company employees’ insider trading dangers.

The official announcement stated that the change was being made in accordance with new regulations all over the world, but there is very little information if a financial institution demanded such practices to be enforced.

Source : CryptoNews

Posted using Partiko Android

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Congratulations @thepharaon11! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 60 posts. Your next target is to reach 70 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!