Cryptocurrency exchange MEXC has come under increased regulatory scrutiny following a decision by the US Financial Crimes Enforcement Network (FinCEN) to restrict transactions involving the platform.

According to US authorities, at least $16 billion in transactions linked to suspected sanctions evasion and other illicit activities passed through MEXC between May 2021 and May 2026.
 

The situation has prompted increased monitoring of financial transactions involving the exchange across the cryptocurrency market. Our platform is also updating its financial monitoring policies: funds associated with MEXC will NO longer be accepted.

Users planning transfers are advised to take these restrictions into account and choose alternative funding sources in advance.
 

These measures are intended to reduce financial and regulatory risks and ensure the secure processing of transactions.