Crypto exchange MEXC announced it does not hold MiCA authorization in the EU and EEA, leading to the winding down of services in the Netherlands, with final offboarding scheduled for November 16. The exchange is also discontinuing services for users in Russia and Belarus. Additionally, its User Agreement currently lists 13 prohibited jurisdictions, including the United States, Canada, the United Kingdom, Singapore, Hong Kong, Mainland China, Malaysia, and Kazakhstan.