BitMEX will launch BitMEX Hong Kong for Hong Kong users.

BlockBeats reported on May 22 that cryptocurrency trading platform BitMEX will launch BitMEX Hong Kong for its Hong Kong users as a transition service when applying for a Virtual Asset Service Provider (VASP) license in Hong Kong. BitMEX stated that starting from May 29, 2023, Hong Kong users will not be able to access the BitMEX website or API, and all account balances will be transferred to BitMEX Hong Kong accounts. Users will need to access these services through the new BitMEX Hong Kong mobile application. In addition, starting from May 29, 2023, the existing BitMEX trading platform will no longer accept any new Hong Kong users, and Hong Kong users will only be able to open accounts through the dedicated BitMEX Hong Kong mobile application.