MEXC: Has established communication with US FinCEN, platform deposit, withdrawal, and trading services operating normally.

MEXC said it has opened communications with the U.S. Financial Crimes Enforcement Network (FinCEN), with the regulator confirming receipt of the exchange's written request on Monday morning, according to a statement from MEXC executive Vugar Usi. The exchange, which engaged a top U.S. law firm to assist, said it is willing to cooperate fully with FinCEN. MEXC emphasized that deposits, withdrawals and trading remain fully operational and unaffected. The team said it has set a follow-up work plan and will disclose updates to the community as progress is made. The disclosure matters because it signals the exchange is addressing U.S. regulatory scrutiny while reassuring users that platform services continue normally; next, watch for further details on the nature of FinCEN's inquiry and any compliance milestones MEXC announces.