BitMEX Introduces KYC to Meet “Evolving Regulatory Standards” | Crypto Briefing

Key Takeaways

  • BitMEX is implementing mandatory KYC for all users, irrespective of trading size.
  • Moving in the direction of regulatory requirements can catapult the exchange into a playground for hedge funds.
  • This provides a unique opportunity for derivatives DEXes to fill BitMEX’s shoes as a non-KYC trading venue.

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