Draft:MEXC
Centralized cryptocurrency exchange
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MEXC is a centralized cryptocurrency exchange that provides cryptocurrency trading services.
 | This is a draft article. It is a work in progress open to editing by anyone. Please ensure core content policies are met before publishing it as a live Wikipedia article. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL Last edited by Belle Femme Emmo (talk | contribs) 2 months ago. (Update)
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| Company type | Private |
|---|---|
| Industry | Cryptocurrency |
| Headquarters | Unknown |
Area served | Worldwide |
| Products | Cryptocurrency exchange |
| Website | www |
Binance has been the subject of lawsuits and challenges from regulatory authorities throughout its history, in particular over its involvement in money laundering.
History
Legal status
Austria
In September 2023, Austria's Financial Market Authority (FMA) published a warning advising investors against concluding transactions with MEXC.[1]
Belgium
In July 2024, Belgium's Financial Services and Markets Authority (FSMA) ordered Mexc Global LTD to cease providing custodian wallet services in Belgium and to cease distribution to retail clients in Belgium of certain virtual-asset-linked financial products, citing applicable prohibitions under Belgian law.[2]
Germany
In October 2023, Germany's Federal Financial Supervisory Authority (BaFin) published a consumer notice stating it was investigating MEXC in relation to suspected unauthorized financial services activity.[3]
Hong Kong
In March 2024, Hong Kong's Securities and Futures Commission (SFC) warned the public against MEXC stating it was not licensed by the SFC and had not applied for a licence to operate a virtual asset trading platform.[4]
Japan
In November 2024, Japan's Financial Services Agency published a warning regarding MEXC for operating as an unregistered crypto-asset exchange business with Japanese residents as counterparties.[5]
Malaysia
In September 2022, the Securities Commission Malaysia added MEXC to its Investor Alert List of unauthorised entities and websites.[6]
United Kingdom
In March 2024, the UK's Financial Conduct Authority added MEXC to its Warning List of unauthorised firms, stating it was not authorised by the FCA and may be targeting people in the UK.[7]
See also
- Custodian bank
- Decentralized exchange
- List of cryptocurrency exchanges
- Perpetual futures
External links
Media related to MEXC at Wikimedia Commons