News Snapshot:
Business BitMEX Looking to Acquire One of Germany's Oldest Banks BitMEX plans to acquire one of the oldest banks in Germany amid aims to establish a one-stop-shop for regulated crypto products in Europe. BitMEX is a Bitcoin futures exchange. Image: Shutterstock. BXM Operations AG, established by executives of crypto exchange BitMEX, has today announced plans to purchase Bankhaus von der Heydt, a 268-year-old German bank. The acquisition of the Munich-based bank is still subject to approval by Germany’s Federal Financial Supervisory Authority (BaFin) and is expected to be finalized in mid-2022, BitMEX said in a blog post . The financial...
