NatGold Digital Delists NATG Token from MEXC Following US Treasury Order
NatGold Digital Ltd. has applied for the immediate delisting of its NatGold token (NATG) from the global cryptocurrency exchange MEXC. This decision is a direct response to an order from the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). Under the 'Combating Russian Money Laundering Act,' FinCEN has prohibited U.S. financial institutions from processing money transfers related to MEXC Global. As a U.S.-based company with a subsidiary registered as a money services business with FinCEN, NatGold is taking preemptive action to maintain regulatory compliance. The company stated it is in advanced discussions with several compliant exchanges to replace MEXC and will notify token holders regarding new trading venues once confirmed.
Topics: cryptocurrency exchange delisting FinCEN money laundering prevention regulatory compliance
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Part of the story NatGold Digital Delists NATG Token from MEXC Following US Treasury Order (3 articles)