First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

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First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
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.BitMEX's office in Hong Kong, which has strict Covid protocols, is a shell of its former self with a good portion of the company's workforce moving to Singapore and further afield; bitcoin rises to stay over $20K. TheSamReynolds and JPRubin23 report

made waves

“Our biggest office is in Singapore,” Alexander Hoeptner, BitMEX’s CEO, told CoinDesk in an interview. “We love Hong Kong so much, [but] because of the Covid situation I moved out and a lot of people moved out.” Convincing the building’s owner, Li Ka-shing, that you were worthy of inclusion in this list was a sign that you made it.

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