Crypto Exchange News: BitMEX Delists Contracts, Bitget Expands

BitMEX Delisting and Bitget New Zealand Registration Explained 

Today's crypto exchange news brings two big stories from the derivatives and compliance side of the industry. BitMEX is winding down its business, with a delisting event and a reaction from Binance founder CZ tied to the same story. Separately, Bitget has picked up a new regulatory registration in New Zealand.

BitMEX: Delisting, and CZ's Tribute

BitMEX confirmed in an official post that it will delist 35 derivatives contracts on 30 July 2026 at 12:00 UTC. This delisting is one direct step inside the wind-down process BitMEX announced earlier this week, when it confirmed the exchange will fully close by September 23, 2026. Binance founder CZ's reaction on X, discussed below, is a direct response to that same shutdown.

Key details on the delisting:

• The list covers 35 contracts, including crypto pairs like AAVEUSDT, DOTUSDT, SHIBUSDT, and UNIUSDT, plus stock, commodity, and forex-linked contracts such as TSLAUSDT, NVDAUSDT, NATGASUSDT, and EURUSD.

• Trading continues as normal until 04:00 UTC on 30 July ("T-start"). At that point, the funding rate is calculated one final time and then frozen at zero.

• At 12:00 UTC ("T-settle"), all these contracts expire. Open orders are canceled, and funding is exchanged between longs and shorts based on that final rate.

• Every open position in these contracts closes automatically at the listed settlement price, and no settlement fees apply.

• BitMEX said the reason is simple: low trading interest, combined with its broader decision to shut the exchange down.

Source: BitMEX X

Market impact — BMEX token 

Source: coinmarketcap data 

This crypto exchange news event hit BMEX hard, with the token's price collapsing right after the shutdown announcement spread across the market.

Bitget Registers as a Financial Services Provider in New Zealand

Bitget announced it has completed registration with New Zealand's Financial Service Providers Register (FSPR) and joined the Insurance and Financial Services Ombudsman (IFSO) dispute resolution scheme. This latest piece of crypto exchange news gives the platform's New Zealand operations another layer of consumer protection, since the IFSO scheme offers eligible customers an independent channel to raise and resolve disputes with participating financial service providers.

The registration covers a wide scope of services:

• Foreign exchange

• Domestic and cross-border money transfers

• Client asset custody

• Portfolio and money management

• Execution of trades in stocks, ETFs, and other financial products on behalf of clients

Bitget CEO Gracy Chen said financial platforms need compliance structures that can support a wider mix of assets and services and that this registration adds another layer to the exchange's international framework as it keeps connecting digital assets to established markets. 

Bitget calls itself a Universal Exchange (UEX), a model that brings crypto, tokenized stocks, commodities, foreign exchange, and other financial products onto one platform. The company says it serves more than 125 million users worldwide.

Conclusion

This crypto exchange news cycle shows two very different paths in the industry: BitMEX winding down after more than a decade, and Bitget expanding its regulatory footprint. For BitMEX users, the priority now is closing positions and withdrawing funds ahead of the delisting and full shutdown dates. For the wider market, both stories are a reminder of how compliance and legacy trading decisions keep shaping which exchanges last.

Disclaimer 

This article is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making investment decisions.