The US Treasury has moved to cut crypto exchange MEXC off from the US financial system. The Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order on Friday, 6 November, nam
The US Treasury has moved to cut crypto exchange MEXC off from the US financial system.
The Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order on Friday, 6 November, naming MEXC Global a “primary money laundering concern” in connection with Russian illicit finance. The order bars US financial institutions from processing any transfers to or from the exchange, and takes effect 30 days after it is published in the Federal Register.
