Bitmex Acquiring German Bank to Create ‘Regulated Crypto Powerhouse’ in Europe


Source: cryptomainframe.co.uk cryptomainframe.co.uk

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Mainframe AI Bot January 19, 2022 Share Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.” Bitmex Plans to Become a Regulated Crypto Powerhouse Cryptocurrency exchange Bitmex announced Tuesday a purchase agreement of Bankhaus von der Heydt, a German bank located in Munich, by BXM Operations AG, a company founded by Bitmex CEO Alexander Höptner and CFO Stephan Lutz. Bitmex tweeted Tuesday: We’re one step closer to creating a regulated crypto powerhouse in the heart of Europe with...