Treasury issued a special measure against MEXC Global, but the bank-transfer prohibition takes effect 30 days after Federal Register publication rather than immediately on the announcement date.
Kraken and MEXC expanded their referral arrangement to France, but users must open new accounts and move assets themselves as four wind-down cohorts approach.
MEXC reports more than 460 stock, index and ETF futures contracts by September, alongside growing tokenised-equity activity; the products must not be conflated with direct ownership of listed shares.
The exchange is discontinuing services for affected users, while its separate Netherlands withdrawal shows how closing positions and loans can determine the cost of leaving.