BitMEX CTO Released in US After Payment of $5M Bond
The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.
The exchange moved deadline for identity verification from February 2021 to November 2020.
On Friday morning, as the OKEx withdrawal-freeze story twisted and turned, CoinDesk's editors had an off-the-cuff discussion about the fundamental realities and unique challenges of security for even the largest exchanges.
Popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of this year under its revamped know-your-customer (KYC) policy.
BitMEX, the cryptocurrency derivatives exchange recently charged by U.S. authorities for offering illegal trading services, has hired an AML veteran as compliance chief veteran.
The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday.
Bitcoin is stuck in an ever-tightening range between $10.5K and $10.8K and appears set for a breakout, though options trading suggests $16K might represent an upper bound in 2020.