Imposition of Special Measure Prohibiting the Transmittal of Funds Involving MEXC Global

Official abstract: FinCEN is issuing notice of an order, pursuant to section 9714(a) of the Combating Russian Money Laundering Act (Pub. L. 116- 283), as amended by section 6106(b) of the National Defense Authorization Act for Fiscal Year 2022 (Pub. L. 117-81), finding that MEXC Global--including any of its subsidiaries, branches, and offices, as well as any successor entities, operating in any jurisdiction outside of the United States--is a financial institution operating outside of the United States of primary money laundering concern in connection with Russian illicit finance and prohibiting certain transmittals of funds involving MEXC Global.