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MEXC Confirms Wind Down of Services in Netherlands

MEXC Confirms Wind Down of Services in Netherlands

Photo: Coinfomania

MEXC will wind down services in the Netherlands due to lack of MiCA authorization. Here's what traders should know. MEXC has confirmed it will stop its services in the Netherlands due to a lack of MiCA authorization. The final offboarding is scheduled for November 16, impacting many users. Additionally, the exchange will also cease operations in Russia and Belarus. This move reflects ongoing regulatory scrutiny in the EU, highlighting the importance of compliance for crypto exchanges in the region. source Currently, MEXC is not reporting any trading volumes, reflecting the uncertainty surrounding its operations.

Source: Coinfomania

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