Cryptocurrency Q&A
What countries are restricted by BitMEX?
What countries are restricted by BitMEX?
GeishaMelodious
Mon Sep 30 2024
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6 answers
1567
Could you please elaborate on the countries that are currently restricted from accessing BitMEX? Are there any specific regulations or policies in place that have led to these restrictions? Are there any plans to lift these restrictions in the future, or are there any efforts being made to expand access to BitMEX globally? It would be insightful to understand the geographical limitations and potential implications for users in these restricted regions.
6 answers
KpopStarlight
Wed Oct 02 2024
In addition, exchanges may also monitor IP addresses to ensure that users are not accessing the platform from unauthorized locations.
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Nicola
Wed Oct 02 2024
A notable example of this occurred in October 2018, when BitMEX conducted a query that identified over 800 accounts opened by users located in China.
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Giuseppe
Wed Oct 02 2024
Cryptocurrency exchanges are subject to regulations that restrict access to certain users based on their geolocation.
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Claudio
Wed Oct 02 2024
These users were found to be logging into BitMEX from U.S.-based IP addresses, which may have violated the exchange's terms of service or local regulations.
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SsangyongSpirited
Wed Oct 02 2024
For instance, exchanges may bar individuals from sanctioned countries like Cuba, Iran, Syria, North Korea, and Sudan from using their services.
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