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BitMEX to close September 23 ends crypto era

BitMEX will permanently shut down on September 23, 2026, halting new sign-ups and ending trading, with a phased wind-down beginning August 26 that restricts new positions and eventually force-closes remaining ones while allowing withdrawals. The platform, which pioneered the perpetual swap, faced regulatory actions and a rocky later period, leading to the decision to close after more than a decade in operation.