WuBlockchain
MEXC says it will discontinue services for users located in Russia or Belarus as part of its efforts to strengthen global compliance. The exchange says affected users' assets remain safe and secure, and that it will send individualized notices with timelines and procedures for closing positions and withdrawing assets.
Why it matters
The decision changes access to a centralized trading platform for users in two countries. MEXC framed the service discontinuation as a compliance measure, but did not provide further detail about the specific requirements behind it.
Market impact
Users who receive a notice will need to follow the account-specific timeline and withdrawal process. MEXC says users who do not receive a notification are unaffected and can continue using its trading services as usual.
Frequently asked questions
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Which MEXC users will lose access to services?
MEXC says it will discontinue services for users located in Russia or Belarus. Users who do not receive a notification are unaffected and may continue trading as usual.
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How will affected MEXC users learn what to do?
MEXC says it will send individualized notifications to affected accounts with timelines and procedures for closing positions and withdrawing assets.
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What does MEXC say about affected users' assets?
The exchange says affected users' assets remain safe and secure.
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Do all MEXC users in Russia and Belarus have to stop trading?
MEXC says users who do not receive a notification are unaffected and may continue using all trading services as usual.
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Why is MEXC discontinuing services in Russia and Belarus?
MEXC says the decision is part of its ongoing efforts to strengthen global compliance.
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