MEXC Faces Potential Europe Exit After Failing to Secure MiCA License
Uk Jin
Summary
- Global cryptocurrency exchange MEXC said it failed to secure MiCA authorization.
- MEXC said it currently does not hold a crypto-asset service provider license under MiCA in the EU and the European Economic Area (EEA).
- As a result, MEXC is gradually ending services for users in the Netherlands and plans to complete the final shutdown on Nov. 16.
Forecast Trend Report by Period
Global cryptocurrency exchange MEXC is halting services in some countries after failing to secure authorization under the European Union's Markets in Crypto-Assets regulation, known as MiCA.
According to Wu Blockchain on Oct. 26, MEXC said it currently does not hold a crypto-asset service provider license under MiCA in the European Union and the European Economic Area.
As a result, MEXC is gradually ending services for users in the Netherlands. The final shutdown process is set to be completed on Nov. 16.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.