{"id":49641,"date":"2026-11-07T04:34:52","date_gmt":"2026-11-07T03:34:52","guid":{"rendered":"https:\/\/www.mixtv1.com\/index.php\/2026\/11\/07\/treasury-cuts-crypto-exchange-mexc-off-from-us-financial-system\/"},"modified":"2026-11-07T04:34:52","modified_gmt":"2026-11-07T03:34:52","slug":"treasury-cuts-crypto-exchange-mexc-off-from-us-financial-system","status":"publish","type":"post","link":"https:\/\/www.mixtv1.com\/index.php\/2026\/11\/07\/treasury-cuts-crypto-exchange-mexc-off-from-us-financial-system\/","title":{"rendered":"Treasury Cuts Crypto Exchange MEXC Off From US Financial System"},"content":{"rendered":"<p>In brief<\/p>\n<ul>\n<li>The U.S. Treasury\u2019s FinCEN issued an order cutting MEXC Global, a top-20 crypto exchange, off from the U.S. financial system, accusing it of facilitating at least $16 billion in illicit transactions tied to sanctions evasion and cybercrime.<\/li>\n<li>FinCEN cited \u201csevere deficiencies\u201d in MEXC\u2019s anti-money-laundering controls, noting it transacted with sanctioned Russian exchanges Garantex and Grinex as recently as June 2026.<\/li>\n<li>It extends a sanctions-evasion crackdown, from Russia\u2019s A7 Network to Iran\u2019s Nobitex.<\/li>\n<\/ul>\n<p>The U.S. Treasury Department has moved to sever crypto exchange MEXC Global from the American financial system, accusing it of facilitating at least $16 billion in illicit transactions tied to Iran, North Korea and Russia.<\/p>\n<p>In an <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0685\/\" target=\"_blank\" rel=\"noopener\">order issued Friday<\/a> through its Financial Crimes Enforcement Network, Treasury said MEXC, one of the world\u2019s 20 largest crypto exchanges, served as a major conduit for sanctions evasion and cybercrime.<\/p>\n<p>The action, part of a broader effort dubbed Operation Economic Outcast, bars U.S. financial institutions from processing any funds transfers to or from the exchange. It takes effect 30 days after publication in the Federal Register.<\/p>\n<\/p>\n<p>\u201cFinancial institutions cannot have it both ways: Either you support the Iranian regime,<\/p>\n<p> <a class=\"echo_read_more\" href=\"https:\/\/decrypt.co\/382758\/treasury-cuts-off-crypto-exchange-mexc-us-financial-system\" target=\"_blank\">\u00a0\u00bb\u00a0More Info >>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In brief The U.S. Treasury\u2019s FinCEN issued an order cutting MEXC Global, a top-20 crypto exchange, off from the U.S. financial system, accusing it of facilitating at least $16 billion in illicit transactions tied to sanctions evasion and cybercrime. FinCEN cited \u201csevere deficiencies\u201d in MEXC\u2019s anti-money-laundering controls, noting it transacted with sanctioned Russian exchanges Garantex<\/p>\n","protected":false},"author":55,"featured_media":49642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","wpai_meta_description":"","footnotes":""},"categories":[5],"tags":[103,36],"class_list":["post-49641","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-law-and-order","tag-mixtv"],"_links":{"self":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/49641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/comments?post=49641"}],"version-history":[{"count":0,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/49641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media\/49642"}],"wp:attachment":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media?parent=49641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/categories?post=49641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/tags?post=49641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}