MEXC Exchange
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anchored·52Nejp…yxmmSummary
MEXC Exchange is a global cryptocurrency trading platform founded in 2018 and currently headquartered in the Seychelles. The exchange has accumulated regulatory warnings from multiple jurisdictions including Germany (BaFin), the Netherlands (AFM), Japan (FSA), Hong Kong (SFC), Estonia (FIU), and the Seychelles (FSA), primarily for operating without required authorizations. As of July 1, 2026, MEXC does not hold a MiCA Crypto-Asset Service Provider (CASP) license and formally exited the EU market, instructing EU users to withdraw funds before the deadline.
Connected Entities
4 entities · 60 linked investigations- MEXC→mentioned with→MEXC Exchange(80%)
- MEXC Exchange→mentioned with→MEXC(70%)
- MEXC Exchange→mentioned with→Tether(60%)
- MEXC Exchange→mentioned with→Bitget(60%)
Connected Through
4 shared actors · 212 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Tetherorganization
- □Bitgetorganization
- □MEXCorganization
- △MEXC Exchangeexchange
2 submissions awaiting moderator review.
Timeline(17 events)
August 2023
Canada's British Columbia Securities Commission (BCSC) issues warning against MEXC for operating without registration
CryptoNews MEXC Review 202617 August 2023
MEXC's Seychelles entity (MX Global Ltd) is struck off the Seychelles company register
Seychelles FSA Public Statement: MEXC Global LimitedSeptember 2023
Austria's Financial Market Authority (FMA) issues warning against MEXC for operating without authorization
CryptoNews MEXC Review 202619 October 2023
Germany's BaFin issues consumer warning against MEXC for offering financial services without required authorization
BaFin official notice17 November 2023
Estonia's Financial Intelligence Unit (FIU) revokes the crypto license of MEXC Estonia OÜ, citing suspected money laundering
FinTelegram - Breaking: MEXC Estonia Lost Crypto LicenseNovember 2023
Japan's FSA warns MEXC Global for operating a crypto exchange without registration; MEXC subsequently removed from Japanese Apple App Store and Google Play
The Block - Japan's financial regulator asks Apple, Google to block unregistered crypto exchanges15 March 2024
Hong Kong SFC adds MEXC to its Suspicious Virtual Asset Trading Platforms Alert List for operating without a license
CoinDesk - Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License18 December 2024
MEXC's Seychelles entity (MX Global Ltd) is automatically dissolved following earlier strike-off
Seychelles FSA Public Statement: MEXC Global Limited30 December 2024
EU MiCAR (Markets in Crypto-Assets Regulation) comes into full force; crypto-asset service providers must obtain CASP authorization to serve EU clients
AFM warns consumers against crypto platform MEXC14 February 2025
Seychelles FSA issues first public warning identifying MX Global Ltd as operating the MEXC platform without authorization under the VASP Act
Seychelles FSA Public Statement: MEXC Global Limited30 May 2025
Seychelles FSA issues formal public statement confirming MX Global Ltd operated without authorization; refers matter to competent authority for potential legal proceedings
Seychelles FSA Public Statement: MEXC Global Limited24 September 2025
Netherlands AFM issues formal public warning against MEXC for providing crypto-asset services without required MiCAR license, citing breach of section 59 MiCAR
AFM warns consumers against crypto platform MEXC8 April 2026
MEXC appoints Vugar Usi as new CEO; the exchange states MiCA license application is 'a top strategic priority'
CoinTelegraph - MEXC Names New CEO And Expands Global StrategyJune 2026
MEXC issues official communication advising EU users to withdraw all funds before July 1, 2026, signaling a formal EU market exit
CASP Tracker - Does MEXC have a MiCA license?July 2026
EU MiCA transitional period ends; MEXC holds no CASP authorization and is excluded from the ESMA register; MEXC is legally prohibited from serving EU residents
CASP Tracker - Does MEXC have a MiCA license?Decision Log
- slot 430090436 · hash CBeMBsjou9nwGEZSmGX2otXn8skR82CWsZvmKY7sJHMS
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 15 of 17 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/1/2026, 12:15:09 PM
last updated: 7/1/2026, 12:15:09 PM
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