August 19, 2019 Seychelles-based crypto derivatives exchange, BitMEX, restricts access from three additional jurisdictions.

The firm announced today that it will begin blocking users based in Seychelles, Hong Kong, and Bermuda, all locations in which its parent company, HDR Global Trading Limited, has offices. BitMEX is also currently under investigation by the CFTC for allegedly unlawfully offering services to U.S. based customers. In a statement released today, BitMEX says increased regulation “is to be welcomed,” and that the move will “have no financial impact on the business.”