While BitMEX officially doesn’t provide service to the US investors, they were known to turn a blind eye to those that found their way to the exchange. However, things might be starting to change, as the exchange seemingly started terminating US traders’ accounts. One such report came from famous investor Tone Vays.
The United States SEC has made quite a few moves lately, so I’m not surprised to see BitMEX take this precaution. It makes me wonder if Binance, an unregistered exchange that allows users to withdraw up to 2 BTC per day, will be next to close off services to US-based users. On a side note, I highly recommend Liquid if you’re looking for a compliant exchange — plenty of liquidity on major JPY pairs, open to US citizens, and audited by Japan’s FSA.