Binance to Stop Processing Transactions Involving MEXC and Related Entities

November 10 — Binance issued an important notice stating that, given the U.S. Financial Crimes Enforcement Network's (FinCEN) recent designation of MEXC as a "primary money laundering concern," Binance will no longer be able to process transactions involving MEXC and its affiliated entities. The affected entities include: MEXC Global Limited, MEXC Estonia OÜ, GIDA Technology AG, MXC Global Ltd, MEXC Global Foundation Ltd, MEXC Singapore Pte Ltd, MEXC (Comoros) Ltd, MEXC, MEXC Global, MEX Global Ltd, MX Global LTD, MEX Exchange (former name), as well as other MEXC affiliates or related entities.

Binance asks users not to transfer funds, receive funds, or conduct other transactions with these entities directly or indirectly. Requests to transfer funds from Binance accounts to the above entities will be rejected; if Binance receives funds from these entities, the relevant funds will be temporarily withheld and subject to compliance review, and affected accounts may face further restrictions, including termination of services.