MEXC to Halt Services for Users in Russia, Belarus
JH Kim
Summary
- Crypto exchange MEXC said it plans to suspend services for users in Russia and Belarus.
- Users affected by the suspension must close their positions and withdraw deposited funds by the deadlines they are given.
- The account wind-down deadlines will be announced individually, while an overall suspension schedule and the specific reason for the move were not disclosed.
Forecast Trend Report by Period
Crypto exchange MEXC plans to stop providing services to users in Russia and Belarus. Those users will be given individual deadlines to close positions and withdraw funds.
Cointelegraph reported on October 20 that MEXC plans to halt services for users in Russia and Belarus and begin procedures to wind down the affected accounts.
Users subject to the suspension must close their positions and withdraw funds held on the exchange by their assigned deadlines.
The deadline for each account will be announced individually. MEXC did not provide an overall timetable for the service halt or a specific reason for the move.
JH Kim
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