The FinCEN order against MEXC hits the exchange where it is most vulnerable. On November 6, 2026, the US Treasury issued an order under which US financial institutions may no longer execute transfers from or to MEXC Global. For customers in Germany, the first point is this: your account will not be frozen as a result, and your coins will not be seized. The order does, however, affect every payment route that runs through US banks, US payment service providers or US stablecoin issuers, and it only takes effect 30 days after publication in the Federal Register. Until then, you have time to put your holdings in order without rushing.
That makes this a crypto story for German investors too, even those with no connection to the United States. According to the US authority, MEXC is one of the 20 largest crypto exchanges in the world, offers more than 3,000 crypto assets and is popular with retail investors in Germany, especially for small tokens that regulated providers do not list. If you hold Bitcoin, stablecoins or altcoins there, use the coming weeks to check which routes into and out of your account will still work and whether a provider with EU...
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