Binance just cut off MEXC. Completely.
FinCEN named MEXC a Primary Money Laundering Concern — and Binance will no longer process ANY transaction involving MEXC or its affiliates.
Send from Binance to MEXC? Declined. Deposit from MEXC to Binance? Withheld for compliance review — and your account could face restrictions, even offboarding.
This is not a warning. It's a wall. MEXC users — where do your funds go now? And is this just MEXC's problem, or the first domino in a crackdown on every exchange that isn't fully compliant?
One more question: Binance just showed it can cut off a top-20 exchange overnight. $BNB is the coin tied closest to Binance itself — is BNB the real winner here?
FinCEN named MEXC a Primary Money Laundering Concern — and Binance will no longer process ANY transaction involving MEXC or its affiliates.
Send from Binance to MEXC? Declined. Deposit from MEXC to Binance? Withheld for compliance review — and your account could face restrictions, even offboarding.
This is not a warning. It's a wall. MEXC users — where do your funds go now? And is this just MEXC's problem, or the first domino in a crackdown on every exchange that isn't fully compliant?
One more question: Binance just showed it can cut off a top-20 exchange overnight. $BNB is the coin tied closest to Binance itself — is BNB the real winner here?
