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MarketPublished by KAS Watch · November 07, 2026

US Treasury restricts MEXC over alleged illicit transfers

The US Treasury bureau FinCEN ordered US financial institutions to stop processing transfers involving MEXC Global. The action follows allegations regarding billions in illicit transactions.

Why it matters for the market

Regulatory actions against major exchanges can influence broader crypto market liquidity and sentiment. Observers should monitor whether this development creates ripple effects across trading platforms.

Original source

Cointelegraph
Source publication · November 06, 2026 · 1 verified source
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