TREE NEWS update: BitMEX will formally close on Sept 23, 2026, and has stopped accepting new user registrations, parent HDR Global Trading Limited said after a strategic review. The Moscow Exchange will list BTC, ETH, SOL, XRP and TRX index perpetual futures on Sept 22, cash-settled and ruble-denominated for qualified investors. Phantom ends Sui support Sept 24, and oracle project Switchboard halts operations Sept 25.
BitMEX to Shut Down Sept 23, 2026; Moscow Exchange Lists Crypto Perpetuals
The juxtaposition is the story: a pioneer offshore venue winds down while a sanctioned-jurisdiction national exchange opens ruble-denominated perpetuals for qualified investors. That the two events land a day apart signals derivatives liquidity is re-anchoring toward regulated, regionally siloed venues rather than global offshore platforms. Whether the Moscow listing attracts meaningful volume or remains a domestic, qualified-only pocket is the open question.
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