The popular cryptocurrency derivatives exchange BitMEX is considering expanding its business and launching a futures trading platform for digital assets, as well as a cryptocurrency storage service.
“We need to solve everything very quickly and find an approach to these aspects, see if we need to look for a partner, develop these platforms ourselves or buy third-party sites,” said Alexander Höptner, CEO of 100x, which manages BitMEX.
He also noted that the site seeks to resolve all issues with financial regulators:
“We work with regulators in those countries where we are present, but we also plan to work with regulators in other countries.”
Heptner took office in January this year. The previous management was removed from positions after a lawsuit was filed against co-founder and former CEO of BitMEX Arthur Hayes, co-founder of BitMEX Ben Delo and CTO of the exchange Samuel Reed.
American regulators accused them of non-compliance with anti-money laundering measures, violation of customer identification procedures and illegal activities in the United States. While Hayes is in Singapore and is negotiating a voluntary surrender to the American authorities.
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