UK’s Advertising Authority Raps BitMEX Over Bitcoin Ad

On Bitcoin’s tenth anniversary, BitMEX published a front-page advertisement celebrating the cryptocurrency. Now the UK Advertising Standards Authority is taking the Hong Kong-based exchange to task over it. The authority charged BitMEX with misleading advertising and exaggeration related to financial products. It has ruled that the ad must not appear again in its current form. The advertisement in the case was published on the front … Continue reading UK’s Advertising Authority Raps BitMEX Over Bitcoin Ad

CFTC Investigating BitMEX

Hong Kong-based trading exchange BitMEX is being investigated by the Commodity Futures Trading Commission (CFTC) for possible illegal activities, such as allowing U.S. users onto its platform. BitMEX does not have a presence in the US market. The investigation is expected to last for months and the basic aim of this probe is to find whether BitMEX broke existing rules by allowing the U.S traders … Continue reading CFTC Investigating BitMEX