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🚨 BREAKING: The US Treasury has cut off crypto exchange MEXC. FinCEN ordered US banks to sever ties with the exchange, alleging it facilitated roughly $16 billion in illicit transactions linked to Iran, North Korea and Russia. Bitcoin held near $75,800 despite the enforcement action, while XRP slid 4.2%. #MEXC #CryptoNews #Bitcoin #FinCEN #Crypto #Zimbuck

🇺🇸 US DROPS $250 CRYPTO TRANSFER RULE The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250. ✅ The $3,000 threshold stays in place — including for crypto transfers. 📅 The withdrawal takes effect when published in the Federal Register on Nov 9, 2026. 🔒 No further action on the 2020 proposal — any future change needs a fresh round of public comment. A win for crypto privacy and lighter compliance for exchanges and users. #Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck

🚨 BREAKING: US Treasury cuts crypto exchange MEXC off from the US financial system. FinCEN says MEXC handled at least $16B in transactions linked to sanctions evasion, cybercrime and other illicit activity — including around $1.5B tied to Russian sanctions evasion between May 2021 and May 2026. The order takes effect 30 days after publication in the Federal Register. MEXC holds about $4.48B in assets, per DefiLlama, and has not yet responded. #MEXC #CryptoNews #USTreasury #FinCEN #Bitcoin #Crypto Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com