MEXC to close Russian and Belarusian accounts, citing “international requirements”

MEXC announced on Tuesday, October 20, 2026, that it will stop serving customers in Russia and Belarus to improve global compliance, and said affected account holders will receive timelines and procedures for closing positions and withdrawing assets. Users who are not notified may keep trading under the platform’s terms, and the exchange said customer funds will remain safe. The announcement followed the Council of the European Union’s July 23, 2026, 21st sanctions round, which gave the EU power to impose a full ban on crypto firms from outside the EU, though no country had been sanctioned yet; an earlier package had targeted crypto service providers from Russia and Belarus.