FinCEN
MEXC Gets Elliptic Risk Classification Lifted Amid US Money-Laundering Probe
MEXC says blockchain analytics firm Elliptic has removed its special risk classification, following scrutiny over alleged money-laundering activity. CEO Vugar Usi announced the development on November 7, one day after...
MEXC Faces US Transfer Ban After $16B Illicit Activity Claim
The U.S. Treasury Department announced a transfer ban targeting crypto exchange MEXC Global on Nov. 6. The order will bar U.S. financial institutions from processing transfers to or from the...
FinCEN Withdraws Crypto Mixing and Self-Hosted Wallet Rules
The U.S. Treasury Department has abandoned two proposed crypto surveillance rules after years of industry opposition. FinCEN withdrew its 2023 crypto mixing proposal and a separate 2020 rule covering self-hosted...
