BitMEX is shutting down. The derivatives exchange that helped pioneer crypto perpetual swaps said it will permanently close on 23 September 2026 at 04:00:00 UTC, halting new account registrations immediately and instructing users to exit positions and withdraw funds before the deadline.
BitMEX is shutting down. The derivatives exchange that helped pioneer crypto perpetual swaps said it will permanently close on 23 September 2026 at 04:00:00 UTC, halting new account registrations immediately and instructing users to exit positions and withdraw funds before the deadline.
The framing has moved into official discussion. SEC Commissioner Hester Peirce addressed crypto vaults and lending strategies directly in a statement on vaults and lending strategies , signaling that regulators are examining how these structures function in substance.
What the announcement does not include is equally important. It does not identify the exchange operating the market, nor does it confirm a start time, supported trading pairs, or deposit and withdrawal windows.
Hanpass, a South Korean fintech firm, is weighing a stablecoin push, a move that would place the company's cross-border payments business at the center of the country's growing interest in digital asset rails. The step is being framed as an exploratory, forward-looking initiative rather than a confirmed product launch.
The tokenized fund was structured through KAIO, whose platform lists the Mubadala-linked product among its on-chain private markets offerings, according to KAIO . Coinbase's participation was reported as the exchange taking a stake in the on-chain fund, as first reported by CoinDesk .
The clearest confirmed detail is timing: Sberbank frames the effort as a 2026 target, according to the bank's press materials . That makes the plan a statement of direction rather than an active service.
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