MEXC discontinues services for users in Russia and Belarus
Cryptocurrency exchange MEXC is terminating services for users in Russia and Belarus to bolster global regulatory compliance, confirming customer assets remain secure during the wind-down.
Seychelles-based cryptocurrency exchange MEXC announced it is discontinuing services for users in Russia and Belarus as part of ongoing efforts to reinforce global regulatory compliance. CoinGape reported that the service suspension begins on October 20, 2026, coming shortly after crypto platform Bitget imposed restrictions in the same jurisdictions.[1][2][3]
In a service update shared by Wu Blockchain, MEXC stated that affected users' assets remain safe and secure. The exchange plans to send individual notifications to impacted accounts outlining specific procedures and timelines for closing open positions and withdrawing funds. Customers who do not receive a notification are unaffected by the policy and may continue trading as normal under MEXC's terms of service.[3]
The operational shift marks MEXC's second major regional retreat in recent weeks. According to The Block, the exchange closed its services in the Netherlands the prior month, citing regulatory developments across the European Economic Area.[1]
Key facts
- MEXC announced it is discontinuing services for users located in Russia and Belarus to enhance global compliance.
- CoinGape reported that MEXC's service suspension for users in Russia and Belarus begins on October 20, 2026.
- The restrictions follow similar measures imposed on Russia and Belarus by crypto exchange Bitget.
- MEXC confirmed affected users' assets are safe and that it will send individualized notices detailing instructions and timelines to close positions and withdraw funds.
- Users who do not receive an exit notification are not affected and can continue using MEXC services as usual.
- The Seychelles-based exchange closed services in the Netherlands a month earlier due to European Economic Area regulatory developments.
Sources 路 3 sources
- TB
The Block@TheBlockCoPost on X 路
THE BLOCK: MEXC announced that it is discontinuing services in Russia and Belarus to enhance global compliance. Last month, the Seychelles-based crypto exchange closed services in the Netherlands, citing regulatory developments in the European Economic Area (EEA). https://t.co/yL3DcTpRZ0
Open source - CO
CoinGape@CoinGapeMediaPost on X 路
馃毃 BREAKING: @MEXC will suspend services for users in Russia and Belarus starting October 20, 2026, citing global compliance requirements. The move comes just days after Bitget imposed restrictions on the same jurisdictions. 馃敆Know More in the comments. https://t.co/yr5BYM9j9H
Open source - WB
Wu Blockchain@WuBlockchainPost on X 路
MEXC Announces Discontinuation of Services for Users in Russia and Belarus Crypto exchange MEXC officially announced in a service update that, as part of its ongoing efforts to strengthen global compliance, it has decided to discontinue services for users located in Russia or Belarus. MEXC stated that affected users' assets remain safe and secure. The platform will send individualized notifications to impacted accounts outlining specific timelines and procedures for closing positions and withdrawing assets. Users who do not receive a notification are unaffected by this change and may continue using all trading services as usual.
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