The U.S. Treasury Department’s FinCEN has taken action against MEXC, alleging that it was involved in at least $16 billion in illicit financial activity.
According to Bitcoin Magazine, the order was issued under Section 9714(a) and is a final order. It takes effect 30 days after publication in the Federal Register, at which point U.S. financial institutions may not send funds to or receive funds from MEXC Global. The report describes the $16 billion figure as “alleged”; it has not been independently verified.
· There is a 30-day window before the order takes effect, starting from the date of publication in the Federal Register. The report does not give the specific publication date.
· The restrictions apply to U.S. financial institutions. The report does not explain whether users of MEXC in other regions will be directly affected.
How many days after publication in the Federal Register will be the date you’re watching?
According to Bitcoin Magazine, the order was issued under Section 9714(a) and is a final order. It takes effect 30 days after publication in the Federal Register, at which point U.S. financial institutions may not send funds to or receive funds from MEXC Global. The report describes the $16 billion figure as “alleged”; it has not been independently verified.
· There is a 30-day window before the order takes effect, starting from the date of publication in the Federal Register. The report does not give the specific publication date.
· The restrictions apply to U.S. financial institutions. The report does not explain whether users of MEXC in other regions will be directly affected.
How many days after publication in the Federal Register will be the date you’re watching?
