Current outcome
MEXC has announced it will discontinue services for users in Russia and Belarus, with affected accounts receiving notices on position-closing and asset-withdrawal timelines; after the announcement, its platform token MX fell 15% to about $1.695.
Progress timeline
2 material updates- #01
MEXC Announces Discontinuation of Services for Users in Russia and Belarus
MEXC announced it will discontinue services for users located in Russia and Belarus as part of global compliance efforts, with affected accounts receiving individual notices on position-closing and asset-withdrawal timelines while assets remain safe.
Source evidence: wublockchainenglish
- #02
MEXC停止为俄罗斯用户提供服务，平台币MX暴跌15%
Following MEXC's announcement that it will stop serving Russian and Belarusian users, its platform token MX fell 15% to about $1.695.
State after update: MEXC has announced it will discontinue services for users in Russia and Belarus, with affected accounts receiving notices on position-closing and asset-withdrawal timelines; after the announcement, its platform token MX fell 15% to about $1.695.
Source evidence: theblockbeats