MEXC says it now has a direct line to FinCEN, days after the US moved to cut it off from American banks.
• MEXC CEO Vugar Usi says FinCEN confirmed receipt of the exchange's written request
• He says MEXC will fully cooperate and deposits, withdrawals and trading run normally
Why it matters: MEXC is the largest exchange hit under Section 9714, and its US banking access hinges on how these talks go before the order takes effect.
Source: MEXC CEO Vugar Usi on X; U.S. Treasury/FinCEN
Not financial advice.
💬 Can MEXC's talks with FinCEN change the outcome before the order kicks in?
#MEXC #FinCEN #Crypto
• MEXC CEO Vugar Usi says FinCEN confirmed receipt of the exchange's written request
• He says MEXC will fully cooperate and deposits, withdrawals and trading run normally
Why it matters: MEXC is the largest exchange hit under Section 9714, and its US banking access hinges on how these talks go before the order takes effect.
Source: MEXC CEO Vugar Usi on X; U.S. Treasury/FinCEN
Not financial advice.
💬 Can MEXC's talks with FinCEN change the outcome before the order kicks in?
#MEXC #FinCEN #Crypto