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Treasury Cuts Crypto Exchange MEXC Off From US Financial System

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Treasury Cuts Crypto Exchange MEXC Off From US Financial System

FinCEN’s order, part of Operation Economic Outcast, bars U.S. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.

Key Takeaways

  1. FinCEN’s order, part of Operation Economic Outcast, bars U.S.
  2. institutions from any transfers to or from MEXC, which Treasury says facilitated $16 billion in illicit finance tied to Iran, North Korea and Russia.
  3. Read the full article for additional context and details.
Read Full Article on Decrypt

Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.