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Six-hour briefing

Fintech Briefing:

What changed in fintech over the last 6 hours

Updated 7 Nov, 14:02 · 1 key developments · AI-assisted synthesis of the sources below

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  1. FinCEN orders US financial institutions to halt transfers with MEXC Global

    Crypto · FinanceFeeds

    The US Financial Crimes Enforcement Network ordered American financial institutions to stop processing transfers involving cryptocurrency exchange MEXC Global. The order cited approximately 16.7 billion dollars in transactions connected to suspected illicit activity between May 2021 and May 2026 under Section 9714 of the Combating Russian Money Laundering Act.

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