Treasury Department, Financial Crimes Enforcement Network
FinCEN is issuing notice of an order, pursuant to section 9714(a) of the Combating Russian Money Laundering Act (Pub. L. 116- 283), as amended by section 6106(b) of the National Defense Authorization Act for Fiscal Year 2022 (Pub. L. 117-81), finding that MEXC Global--including any of its subsidiaries, branches, and offices, as well as any successor entities, operating in any jurisdiction outside of the United States--is a financial institution operating outside of the United States of primary money laundering concern in connection with Russian illicit finance and prohibiting certain transmittals of funds involving MEXC Global.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Financial Crimes Enforcement Network 31 CFR Part 1010 AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Order. SUMMARY: FinCEN is issuing notice of an order, pursuant to section 9714(a) of the Combating Russian Money Laundering Act ( Pub. L. 116-283 ), as amended by section 6106(b) of the National Defense Authorization Act for Fiscal Year 2022 ( Pub. L. 117-81 ), finding that MEXC Global—including any of its subsidiaries, branches, and offices, as well as any successor entities, operating in any jurisdiction outside of the United States—is a financial institution operating outside of the United States of primary money laundering concern in connection with Russian illicit finance and prohibiting certain transmittals of funds involving MEXC Global. DATES: This action is effective December 10, 2026. FOR FURTHER INFORMATION CONTACT: FinCEN's Regulatory Support Section by submitting an inquiry at www.fincen.gov/​contact . SUPPLEMENTARY INFORMATION: I. Summary of Order As set out in this order, MEXC Global has facilitated funds transfers by Russia-affiliated illicit actors and in connection with other Russia-associated illicit activities, including sanctions evasion, and activity facilitated by Russian darknet markets. It has also facilitated billions of dollars in transactions benefitting Iran and its proxies, financial facilitators of the Democratic People's Republic of Korea (DPRK), and other cybercrime actors. …
Citation: 91 FR 72420
