A post by @WatcherGuru on X.
JUST IN: US Treasury to ban crypto exchange MEXC Global from the US financial system over transactions linked to Iran, North Korea, and Russia.
@WatcherGuru on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The US Treasury is set to bar crypto exchange MEXC Global from the US financial system over transactions tied to Iran, North Korea, and Russia, according to a Watcher.Guru report. The action would cut the Seychelles-based exchange off from US banking rails, though the article did not specify the number of affected users, trading volumes, or assets. MEXC is among the larger offshore venues by listed tokens and spot volumes, so the move matters as a signal that sanctions enforcement is extending deeper into crypto trading platforms. Watch for formal Treasury confirmation and the scope of the designation, plus any response from MEXC on withdrawals, US dollar settlement, and access for US-based users.
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Named in this story
MEXC Global, US Treasury, Iran, Russia, North Korea