BitMEX Crypto Exchange Probed by U.S. Regulator Over Client Trades

BitMEX Crypto Exchange Probed by U.S. Regulator Over Client Trades

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the use of VPNs for accessing platforms like Bitmex, which avoids US customers to evade regulations. It highlights the US's growing scrutiny on cryptocurrency, driven by figures like the Treasury Secretary and Maxine Waters. The introduction of Facebook's Libra has intensified debates on crypto regulations, further impacting platforms like Bitmex.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the assumed method users might be using to access platforms like Bitmex?

Public Wi-Fi

VPN

Direct access

Proxy server

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Arthur Hayes establish Bitmex to avoid US customers?

To increase profits

To avoid US regulations

To expand globally

To focus on European markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which US officials are mentioned as being concerned about cryptocurrency?

The President

The Vice President

The Treasury Secretary and Maxine Waters

The Secretary of State

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What effect did the introduction of Libra have on the cryptocurrency debate?

It reduced opposition

It was widely accepted

It increased opposition

It had no effect

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of the debate around cryptocurrency in recent years?

How to increase its value

How to build rules around it

How to eliminate it

How to promote it globally