MEXC CEO Confirms Contact With FinCEN, Says Exchange Operations Continue Normally

MEXC CEO Vugar Usi said the cryptocurrency exchange has established contact with the US Financial Crimes Enforcement Network and received confirmation that its written request was delivered.
Usi stated that MEXC is prepared to cooperate fully with relevant authorities and provide information through appropriate regulatory channels. He also emphasized that the exchange continues to operate normally.
The confirmation of receipt does not indicate that FinCEN has approved the company's position, concluded a review or made any determination concerning its regulatory status.
The statement comes as cryptocurrency exchanges face continued scrutiny over compliance and financial crime controls. Further developments will depend on communications between MEXC and the relevant authorities.