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Crypto Regulation

FinCEN Moves to Cut MEXC Global From US Financial System Over $16B in Transactions

FinCEN has moved to cut MEXC Global off from the US financial system, alleging the exchange was involved in at least $16 billion in related transactions. MEXC said it is reviewing the FinCEN order and will take the allegations seriously. Separately, ZEC rose about 8% in 24 hours after an upgrade that reset the per-block reward to 0.52083333 ZEC.

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