Regulator warning

Seychelles regulator acts against MEXC operator

Seychelles' FSA starts enforcement against MX Global Ltd for operating MEXC without a licence.

Primary source: FSA (Seychelles), FSA Seychelles: enforcement action against MX Global Ltd for unlicensed virtual asset services (26 May 2026)

By CryptoRestrictions Research DeskReviewed by CryptoRestrictions Editorial Review

Seychelles’ Financial Services Authority said that MX Global Ltd, a Seychelles company, operates the MEXC exchange without the licence required under its Virtual Asset Service Providers Act 2024, and that it is starting enforcement measures.

What changes in our data

Seychelles is not tracked yet. The notice is the clearest public statement of which company runs MEXC, which its own terms do not name.

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