Binance blocks MEXC transfers after FinCEN’s $16B crackdown
By Rony Roy
Binance has stopped processing cryptocurrency transfers involving MEXC Global and its affiliated entities after US regulators identified the exchange as a primary money laundering concern over $16 billion in alleged illicit transactions. In a November 10 announcement, Binance instructed customers…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
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