MEXC, a major cryptocurrency exchange, has announced that withdrawals from its platform will continue uninterrupted. This decision comes despite a recent order from the US Financial Crimes Enforcement Network (FinCEN) to cut off MEXC's US financial connections. The order, which takes effect 30 days after publication in the Federal Register, aims to restrict MEXC's access to US financial systems. The exchange has stated that it has initiated an independent review of its anti-money laundering (AML) and sanctions controls to ensure compliance with US regulations.
Source
"MEXC Withdrawals Continue Amid US Financial Cutoff" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.