MEXC Says Withdrawals Continue as FinCEN Orders US Financial Cutoff
The exchange says it has begun an independent review of its AML and sanctions controls. The US transfer ban takes effect 30 days after Federal Register publication.
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Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
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