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BitMEX's Receding Market Share Might Have Spared Bitcoiners Bigger Sell-Off

When BitMEX announced its "perpetual bitcoin leveraged swap" four years ago, few traders could have anticipated the major impact it would have on the digital-asset trading landscape.

BitMEX's website, accessed from the U.S. Thursday, was explicit that its "100x" trading products are prohibited in "restricted jurisdictions."
BitMEX's website, accessed from the U.S. Thursday, was explicit that its "100x" trading products are prohibited in "restricted jurisdictions."