News Snapshot:
Cryptocurrency exchange Bitmex is acquiring a German bank to create a “regulated crypto powerhouse.” The company plans to create a “one-stop shop for regulated crypto products in Germany, Austria and Switzerland.” Bitmex plans to become a regulated cryptocurrency powerhouse Cryptocurrency exchange Bitmex announced Tuesday that BXM Operations AG has acquired Munich-based German bank Bankhaus von der Heydt, founded by Bitmex CEO Alexander Höptner and CFO Stephan Lutz. Bitmex tweeted on Tuesday: With this purchase agreement signed by BXM Operations of German bank Bankhaus von der Heydt, we are one step closer to creating a regulated crypto powerhouse in the heart...