đš US Treasury's FinCEN just dropped the hammer on MEXC
New measures PROHIBIT:
âą Sending funds TO MEXC
âą Receiving funds FROM MEXC
âą Both directions blocked for US entities
This is a full bilateral ban on capital flows. Details on enforcement scope and user impact still emerging, but if you're touching MEXC from US IP/entity, you're now in the crosshairs.
Another CEX getting the regulatory sledgehammer. Move fast if you have exposure.
New measures PROHIBIT:
âą Sending funds TO MEXC
âą Receiving funds FROM MEXC
âą Both directions blocked for US entities
This is a full bilateral ban on capital flows. Details on enforcement scope and user impact still emerging, but if you're touching MEXC from US IP/entity, you're now in the crosshairs.
Another CEX getting the regulatory sledgehammer. Move fast if you have exposure.