Crypto Derivatives Exchange BitMEX to Block Ontario Traders

[Galaxy]

BitMEX, one of the oldest cryptocurrency derivatives exchanges, is to block users in one Canadian province.

According to a blog post on Monday, customers based in Ontario, Canada, will no longer be able to use the trading platform as of Sept. 1, 2020.
New derivatives positions may not be opened after that date, while positions that are already open may run till Jan. 4, 2021.
BitMEX said it would force close positions open at that point and requested users to close them prior to the shut-off date.
Info Link: https://www.coindesk.com/bitmex-crypto-derivatives-exchange-ontario-canada-regulator