On October 20, 2026, the cryptocurrency exchange MEXC announced the cessation of services for users residing in Russia and Belarus. The company stated that this decision is aimed at complying with international regulatory requirements. Affected clients will receive individual notifications regarding the closure of their positions and the withdrawal of assets.
The exchange has not disclosed the specific regulations or sanctions that prompted this move, nor has it provided the number of impacted accounts. Users who do not receive a notification may continue to use the platform under existing conditions. Instructions for asset management will be sent via email and internal application notifications.
The updated user agreement, effective as of October 13, 2026, classifies Russia and Belarus as restricted jurisdictions. Under these terms, the platform does not register new users or accept trading orders from these countries. MEXC emphasized that it does not request seed phrases or payments via private messages.
This development follows a similar announcement from the Bitget exchange on October 17, 2026. Bitget also identified Russia and Belarus as restricted jurisdictions, noting that its recent service limitations affected only a portion of its user base. Both platforms are currently managing the transition through individual client communication.
