The US Treasury is restricting the access of the MEXC Global commercial currency exchange to the US financial system, reports RBC. According to the agency, from May 2021 to 2026, at least $16 billion related to illegal transactions passed through the platform. Of that, close to $1.5 billion was anti-Russian sanctions, including direct transfers to immunized organizations. In early October, the exchange announced the end of service to users from Russia and Belarus.

The US Treasury is restricting the access of the MEXC Global commercial currency exchange to the US financial system, reports RBC. According to the agency, from May 2021 to 2026, at least $16 billion related to illegal transactions passed through the platform. Of that, close to $1.5 billion was anti-Russian sanctions, including direct transfers to immunized organizations. In early October, the exchange announced the end of service to users from Russia and Belarus.