MEXC engages FinCEN after crypto transfer order
MEXC's CEO says the exchange has opened communication with FinCEN and will cooperate, following last week's order restricting US institutions from processing certain crypto transfers.
What we know
The Block reports that MEXC says it has established communication with FinCEN and is ready to cooperate with the investigation, after FinCEN last week ordered US financial institutions to stop processing transfers involving certain crypto. MEXC's CEO said FinCEN confirmed receipt of the written request on Monday and the platform continues to operate normally.
Sources
“MEXC CEO said the company has established communication with the US Treasury's FinCEN”
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