US Sanctions MEXC, Prohibiting Fund Transfers

Hyperdash News11/06/2026 20:40 UTCCrypto

The US Treasury's FinCEN has imposed sanctions on crypto exchange MEXC, prohibiting transfers to or from the platform. The move targets a major exchange and could disrupt crypto market liquidity. Bitcoin and Ethereum prices showed limited immediate reaction, but the sanctions may trigger broader selling or capital flight from the platform.

Since this news broke,

Bitcoin is down -0.07% and

Ethereum is down -0.04% on Hyperdash.

Sources

Zoomer

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