Binance stops all transfers involving MEXC after United States regulatory action
Image: Crypto.newsBinance has stopped processing cryptocurrency transfers involving MEXC and its affiliated entities. The restrictions follow an order from the United States Financial Crimes Enforcement Network. FinCEN accused MEXC of facilitating illicit transactions. MEXC disputed the regulatory allegations. MEXC maintained that its trading services, deposits and withdrawals remain operational for users.
Key points
- Binance stopped processing cryptocurrency transfers involving MEXC and its affiliated entities.
- The restrictions follow an order from the United States Financial Crimes Enforcement Network.
- FinCEN accused MEXC of facilitating illicit transactions.
- MEXC disputed the regulatory allegations and stated its services remain operational.
Why it matters
Cryptocurrency users face sudden transfer restrictions between major exchanges following United States regulatory enforcement actions against specific platforms.
Sources · 3 publishers
U.Today
Tier 2
Binance Shuts Down Transfers Involving MEXC and Its Affiliates
Decrypt
Tier 1
Binance Halts MEXC Transfers as FinCEN Cuts Exchange Off From US Financial System
Coverage timeline
- First reported by Crypto.news
- Also reported by U.Today
- CryptoVideos brief published
- 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
AXS
−1.3%
