🚫 Binance cuts off deposits and withdrawals involving MEXC after the U.S. Treasury designates it a major money laundering risk
Binance announced that it will no longer process transactions involving MEXC or its affiliated entities after the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) designated MEXC a “primary money laundering concern.” Withdrawal requests from Binance to MEXC will be rejected, while deposits from MEXC will be temporarily held for compliance review. Related accounts may be restricted or even closed. FinCEN alleges that MEXC processed at least $16 billion in funds linked to sanctions evasion and cybercrime between May 2021 and May 2026. The ban will take effect for U.S. financial institutions 30 days after its publication in the Federal Register.
⭐ The world’s largest exchange has cut off the flow of funds to another leading platform, putting direct pressure on MEXC users’ liquidity and deposits and withdrawals. Other exchanges may follow suit.
#加密货币 #币安 #MEXC #Compliance
Binance announced that it will no longer process transactions involving MEXC or its affiliated entities after the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) designated MEXC a “primary money laundering concern.” Withdrawal requests from Binance to MEXC will be rejected, while deposits from MEXC will be temporarily held for compliance review. Related accounts may be restricted or even closed. FinCEN alleges that MEXC processed at least $16 billion in funds linked to sanctions evasion and cybercrime between May 2021 and May 2026. The ban will take effect for U.S. financial institutions 30 days after its publication in the Federal Register.
⭐ The world’s largest exchange has cut off the flow of funds to another leading platform, putting direct pressure on MEXC users’ liquidity and deposits and withdrawals. Other exchanges may follow suit.
#加密货币 #币安 #MEXC #Compliance
