BitMex's users are growing fast & they will do anything to protect them.

According to a recent report from the South China Morning Post, cryptocurrency exchange Bitmex has decided to move its headquarters from New York to Hong Kong. Company CEO Ethan Fast told the publication that he intends to use his experience in Asia as an opportunity to expand Bitmex's reach into new markets.

Bitmex is one of the largest cryptocurrency exchanges in the world with a daily volume of more than $1.5 billion. The company specializes in futures trading and offers margin loans to traders who want to bet on price movements or fund their accounts.

The Stock Exchange of Hong Kong (SEHK) is a popular jurisdiction for crypto companies due to its favorable regulatory environment and relatively low taxes compared to other jurisdictions.