BitMEX bans the use of Japanese users from next month and responds to the latest amendments to Japan ’s regulatory regulations

Cryptocurrency derivatives exchange BitMEX issued an announcement to ban Japanese users from May 1, which means that Japanese users cannot open new positions or increase existing positions, and open contracts will not be affected. The restriction was in response to amendments to the Japanese Financial Instruments and Transactions Act and the Japanese Payment Services Act earlier this month. BitMEX said it will continue to cooperate with Japanese regulators and will update its progress in the future.