{"id":27623,"date":"2020-08-24T11:53:49","date_gmt":"2020-08-24T08:53:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27623"},"modified":"2025-08-26T22:07:06","modified_gmt":"2025-08-26T19:07:06","slug":"bitmex-to-halt-services-for-residents-of-ontario-canada","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitmex-to-halt-services-for-residents-of-ontario-canada\/","title":{"rendered":"BitMEX to halt services for residents of Ontario, Canada."},"content":{"rendered":"<p>BitMEX, a cryptocurrency derivatives exchange, will stop servicing residents of the Canadian province of Ontario from 1 September, according to the company&#8217;s <a href=\\\"https:\/\/blog.bitmex.com\/notice-to-ontario-canada-residents\/\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">\u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u0438<\/a><!--more--><\/p>\n<p>Users are asked to close open positions by 4 September; otherwise they will be forcibly closed. Attempts to register and trade on the exchange after the deadline will breach the user agreement, BitMEX notes.<\/p>\n<p>The exchange cited the Ontario Securities Commission&#8217;s actions as the reason, but gave no further details.<\/p>\n<p>Ontario, whose capital is Toronto, is the most populous province in Canada. It is home to about 14.5 million people, or 38% of the country&#8217;s population.<\/p>\n<p>Earlier, in BitMEX <a href=\"https:\/\/u1f987.com\/en\/news\/bitmex-tightens-user-verification\">announced<\/a> tightening of verification for all users. The new rules will take effect on Friday, 28 August. Existing clients will have six months to complete the procedures.<\/p>\n<p>In mid-July, the exchange&#8217;s parent company underwent a restructuring, resulting in the creation of the firm 100x Group to run the exchange. At the time, the company said its plans extend far beyond BitMEX.<\/p>\n<p>Earlier in June, a lawsuit was filed against the exchange, accusing the platform of operating in the United States without the necessary licence.<\/p>\n<p>Follow ForkLog on Twitter!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX, a cryptocurrency derivatives exchange, will stop servicing residents of the Canadian province of Ontario from 1 September, according to the company.<\/p>\n","protected":false},"author":1,"featured_media":27624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[788,771],"class_list":["post-27623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitmex","tag-canada"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27623"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27623\/revisions"}],"predecessor-version":[{"id":27625,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27623\/revisions\/27625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27624"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}