regulationNovember 8, 2026
US Treasury Bans Transfers Involving MEXC Over Illegal Operations
The US Treasury has ordered American financial institutions to stop processing fund transfers involving the crypto exchange MEXC Global. This was reported by FinCEN.
According to FinCEN, the platform processed at least $16.7 billion linked to money laundering, sanctions evasion and cybercrime.
For those who hold or exchange cryptocurrency, this means that transactions involving MEXC may become more difficult for American financial institutions.