Exchanges· ★★★· neutral·

BitMEX opens withdrawals to users in six previously restricted jurisdictions

  • —Withdrawals opened for users in the US, Canada, Hong Kong, Bermuda, Seychelles and Myanmar
  • —The exchange ceased trading at 04:00 UTC on Sept. 23 after 11 years
  • —Cuba, Iran, North Korea and Russian-occupied parts of Ukraine remain under sanctions restrictions
  • —New deposits are not credited and idle balances may incur account charges
Why it matters: The wind-down of a pioneering derivatives venue shifts focus to returning customer assets, while underscoring the continued contraction of the crypto derivatives market.
Source: CryptoSlate
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