$BTC - FinCEN order severs MEXC from U.S. banking rails.
FinCEN invoked Section 9714(a) citing 16 billion in suspected illicit transactions.
U.S. institutions must cut ties within 30 days of Federal Register publication.
MEXC Global named as the target exchange.
The order isolates MEXC from dollar settlement but does not directly restrict non-U.S. users.
#Bitcoin #BTC
FinCEN invoked Section 9714(a) citing 16 billion in suspected illicit transactions.
U.S. institutions must cut ties within 30 days of Federal Register publication.
MEXC Global named as the target exchange.
The order isolates MEXC from dollar settlement but does not directly restrict non-U.S. users.
#Bitcoin #BTC