MEXC Responds to FinCEN Order: Operations Normal, Independent Review Initiated

On November 7, according to an official statement from MEXC, the platform has been notified of the order issued by the U.S. Financial Crimes Enforcement Network (FinCEN) on November 6 and is currently reviewing it with its legal and compliance team. MEXC stated that platform operations are proceeding normally and user assets remain secure.

MEXC said it will take the related concerns seriously, plans to engage in constructive communication with FinCEN and other relevant regulatory and governmental authorities globally, and has initiated an independent review of its anti-money laundering and sanctions control measures.

previously reported that the U.S. Department of the Treasury has ordered U.S. financial institutions to cease transmitting funds to and from MEXC Global, and the order will take effect 30 days after its publication in the Federal Register.