📅 November 10, 2026
Binance has issued an important compliance notice regarding transactions involving MEXC and its affiliated entities following the U.S. Financial Crimes Enforcement Network (FinCEN) designation of MEXC as a “Primary Money Laundering Concern.”
According to Binance's official announcement, the exchange will no longer process transactions involving the entities covered by this designation.
⚠️ What Does This Mean for Binance Users?
Binance users should be aware of the following restrictions:
🔴 1. Outgoing Transactions
Transfers from Binance accounts to the listed MEXC-related entities will be rejected.
🔴 2. Incoming Transactions
Funds received from these entities may be temporarily withheld and subjected to compliance reviews.
🔴 3. Possible Account Restrictions
Accounts involved in such transactions may face additional restrictions, including suspension or termination of relevant services, in accordance with Binance's Terms of Use.
🔴 4. Direct and Indirect Transactions
Users are advised not to send, receive, or conduct transactions with the affected entities, either directly or indirectly, through Binance.
Which Entities Are Affected?
The announcement specifically identifies MEXC Global Limited, MEXC Estonia OÜ, GIDA Technology AG, MEXC Singapore Pte Ltd, MEXC Global Foundation Ltd, and other listed MEXC-related companies and affiliates.
📌 What Should Users Do?
• Review your transaction activity carefully.
• Avoid transfers involving the affected entities.
• Check Binance's official announcement for the complete list.
• Contact Binance Customer Support if you have concerns about a transaction.
💡 Why Does This Matter?
This announcement highlights how regulatory compliance and financial monitoring can directly affect cryptocurrency transactions.
For crypto users, understanding exchange policies and regulatory developments is just as important as following market prices.
Stay informed. Protect your funds. Always verify official announcements before making transactions.
Source: Binance Official Announcement | November 10, 2026
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