CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
CoinTelegraph·
60-second summary
BitMEX is shutting down as a lawsuit looms, despite receiving support from prominent institutions like Goldman Sachs and Fidelity, as well as law enforcement bodies. The Clarity Act's chances are dimming, which aimed to provide regulatory clarity in the US. The crypto market is consolidating into five big players, signaling a shift towards increased centralization and market dominance.
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.