BitMEX's actions likely to scare off mainstream institutions, former CBOE trader says
Cointelegraph
Published Oct 07, 2020 04:34PM ET
Updated Oct 07, 2020 06:20PM ET
Cryptocurrency derivatives exchange BitMEX has not played ball by U.S. regulatory rules, which hurts the crypto industry as a whole, according to David Carman, a former veteran Chicago Board Options Exchange trader. Carman currently helps head up a Chicago-based global crypto regulatory association, seeking to bring regulatory clarity to the industry.
"If they're not going to behave, they're just going to hurt the industry and drag it down," Carman told Cointelegraph regarding BitMEX.
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Written By: Cointelegraph
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