✔ VERIFIED First reported by The Cryptonomist · Nov 6, 20:49 UTC · updated Nov 6, 21:06 UTC

Treasury Cuts Crypto Exchange MEXC Off From US Financial System

FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea…

Common to all reports: US Treasury · MEXC · $16

Confirmed by 3 sources

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Tags: Regulation, ETF/Institutional

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