MEXC Faces Potential Europe Exit After Failing to Secure MiCA License - bloomingbit
Global cryptocurrency exchange MEXC is halting services in the Netherlands after failing to secure authorization under the EU's Markets in Crypto-Assets regulation (MiCA).
Global cryptocurrency exchange MEXC is gradually ending services for users in the Netherlands after failing to secure authorization under the European Union's Markets in Crypto-Assets regulation, known as MiCA. The exchange confirmed it currently does not hold a crypto-asset service provider license under MiCA in the EU and the European Economic Area (EEA).
Regulatory Compliance
MEXC said it currently does not hold a crypto-asset service provider license under MiCA in the European Union and the European Economic Area.
The lack of MiCA authorization has forced MEXC to restrict its operations in certain European markets.
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