Cointime update: Binance has stopped processing transactions involving MEXC and related entities, the exchange said in a notice, citing FinCEN’s designation of MEXC as a primary money-laundering concern. The move bars transfers tied to the rival exchange and affiliated parties on Binance. Binance did not give a timeline or further details on the scope of the restriction.
Binance Halts Transactions Involving MEXC After FinCEN Money-Laundering Designation
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