BitMEX has announced plans to shut down its cryptocurrency derivatives exchange after its board decided to wind down the business following a strategic review, with trading set to end on Sept. 23.
Summary
- BitMEX will shut down its exchange on Sept. 23 after its board approved the closure following a strategic review.
- Users have been asked to close open positions and withdraw funds before trading ends, with new positions blocked from Aug. 26.
- The closure comes weeks after a leadership overhaul that followed reports the crypto derivatives exchange was exploring a potential sale.
According to an official announcement published by BitMEX on Thursday, owner and operator…
