Cryptocurrency exchange BitMEX will remove 65 trading pairs and derivative contracts in July, marking a significant increase from the 19 delisted across the first six months of the year. This move follows an ongoing investigation into the exchange's operations by US regulators. The accelerated pace suggests that BitMEX may face imminent action from authorities.
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The exact timeline for BitMEX's potential shutdown remains unclear, but the exchange has been under increasing scrutiny since a New York court filing in April revealed its ties to a US-based entity.