Following a latest regulatory crackdown on the founders of main crypto trade BitMEX, 100x Group, the holding group for HDR International Buying and selling Restricted, proprietor of BitMEX, introduced its new CEO.
After BitMEX Co-founder Arthur Hayes stepped down in October because of the crackdown, Alexander Höptner, CEO of Börse Stuttgart GmbH and Euwax AG, will grow to be the CEO in January 2021, 100x stated.
“Alex will lead 100x Group as we pursue our wider imaginative and prescient of shaping the evolution of digital monetary providers by strategic investments, innovation, and enhancement of the BitMEX platform,” the corporate stated, including that the brand new CEO may even be a part of the board of administrators.
“The way forward for this business will more and more belong to those that present a regulated buying and selling surroundings that’s progressive, liquid, and honest for institutional and retail traders alike,” Höptner was quoted as saying.
Beneath his management, the Börse Stuttgart trade grew to become Germany’s first regulated buying and selling venue for cryptocurrency and the European Union’s first conventional trade operator to grow to be a regulated crypto multilateral buying and selling facility.
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