MEXC to Stop Serving Users in Russia and Belarus

Crypto exchange MEXC announced on Oct 20 that it will stop serving users in Russia and Belarus. The notice gives no single cutoff date: affected users will get individual deadlines for closing positions and withdrawing assets.

Details

MEXC ties the move to "improving the system of compliance with regulatory requirements at the global level." It does not say which jurisdictions or rules it means. The same was reported by TASS via Vzglyad, Finversia and The Moscow Times.

What users should know:

• affected customers will receive individual notices with timelines and the procedure for closing positions and withdrawing assets;
• the exchange says assets remain safe;
• users who get no notice can keep using MEXC under its usual terms;
• for questions about account status, MEXC points users to customer support.

Some outlets cite specific dates (Oct 24, Oct 28, Nov 4), but they are not in MEXC's own announcement, so only the personal notice should be treated as binding. MEXC also reminds users it never asks for logins, seed phrases or transfers via private messages. Phishing tends to spike around moments like this.

What it means for the market

It is the second such step by a major international exchange within days: Bitget earlier restricted users from Russia, Belarus and Kazakhstan, as we reported. The sources name no common reason; these are two separate decisions.

For affected users the practical takeaway is simple: if funds or open positions remain on MEXC, watch email and in-app notices and decide in advance where to keep your assets. Live bitcoin price is in the daily brief: /en/.