First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled; Bitcoin Falls

First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled; Bitcoin Falls

Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of cryptocurrencies; a tough weekend for cryptos.

Originally Posted on: https://www.coindesk.com/markets/2022/05/08/first-mover-asia-the-bitmex-saga-continues-to-leave-fundamental-regulatory-issues-unsettled-bitcoin-continues-to-fall/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds, Damanick Dantes, James Rubin

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