🚨 Heads up: Binance is cutting off transactions with MEXC**
After FinCEN designated MEXC as a "Primary Money Laundering Concern," Binance has announced it will no longer process transactions involving MEXC or its affiliates.
**What changes:**
❌ Withdrawals from Binance to MEXC will be declined
⏸️ Deposits from MEXC will be held for compliance review
⚠️ Accounts involved may face restrictions, including possible offboarding
**What to do:**
✅ If you have funds on MEXC, plan how you'll move them elsewhere
✅ Don't send anything between the two platforms
✅ Check the official Binance announcement for the full list of affected entities
Compliance rules are tightening across the industry, so it pays to know where your funds are and how you move them.
*Not financial advice. Always do your own research.*
#Binance #MEXC #FinCEN #crypto #CryptoNews
After FinCEN designated MEXC as a "Primary Money Laundering Concern," Binance has announced it will no longer process transactions involving MEXC or its affiliates.
**What changes:**
❌ Withdrawals from Binance to MEXC will be declined
⏸️ Deposits from MEXC will be held for compliance review
⚠️ Accounts involved may face restrictions, including possible offboarding
**What to do:**
✅ If you have funds on MEXC, plan how you'll move them elsewhere
✅ Don't send anything between the two platforms
✅ Check the official Binance announcement for the full list of affected entities
Compliance rules are tightening across the industry, so it pays to know where your funds are and how you move them.
*Not financial advice. Always do your own research.*
#Binance #MEXC #FinCEN #crypto #CryptoNews
