Web3
FinCEN Order Bars US Institutions From MEXC Over Alleged $16B Illicit Flows
COINOTAG·November 7, 2026·1 min read
FinCEN issued a 9714(a) order barring US financial institutions from dealing with MEXC Global, citing $16 billion in alleged illicit flows through the exchange. The cutoff takes effect 30 days after the order is published in the Federal Register, severing the crypto exchange's access to US banking and payment rails.
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