MEXC to exit Russia, Belarus as crypto exchange tightens compliance

Crypto exchange MEXC has announced plans to discontinue services for users in Russia and Belarus, with affected customers set to receive individual instructions for closing positions and withdrawing their funds. MEXC has announced plans to discontinue services for users located in Russia and Belarus. Affected customers will receive individual instructions for closing trading positions and withdrawing their assets. The exchange has not published a common withdrawal deadline or disclosed how many accounts are affected. Bitget updated its restricted-jurisdiction list on October 16 to include Russia and Belarus.

Also reported by TheNewsCrypto, TheCoinrise.

Source: crypto.news