MEXC crypto exchange Faces Immediate Dutch Exit Over MiCA Rules The MEXC crypto exchange is officially winding down its operations in the Netherlands after confirming it lacks the mandatory European Union authorisation required by the Markets in Crypto-Assets Regulation. Dutch account holders received formal notices stating that all platform services will face total restriction by … Read more
Circle USDC Outpaces Rivals Under Strict New EU Rules The European Banking Authority (EBA) recently confirmed that Circle USDC is the first stablecoin to be classified as a significant e-money token under the European Union’s MiCA regulation. This decision, announced on October 14, places the asset under heightened regulatory scrutiny. Specifically, the mandate requires Circle … Read more
South Korea Crypto Ban Targets Major Foreign Exchanges South Korea crypto ban measures took effect this week as financial regulators moved to block domestic access to 27 unregistered cryptocurrency trading platforms. The Financial Services Commission announced that its Financial Intelligence Unit requested communications authorities to restrict websites operated by KuCoin MEXC BingX and two dozen … Read more
