Comsuregroup Seychelles FSA Enforces Action Against Unlicensed MEXC Crypto Exchange Operations
Article Content
- •MX Global Ltd operates MEXC exchange without a license under Seychelles law.
- •The FSA's action follows the dissolution of MEXC Global LTD in December 2024.
- •No licensing applications have been submitted since the VASP Act's transitional period ended.
On May 26, 2026, the Financial Services Authority of Seychelles (FSA) identified MX Global Ltd as the operator of the MEXC cryptocurrency exchange, which has been operating without the required license under the Virtual Asset Service Providers Act, 2024. The FSA's enforcement action follows the dissolution of MEXC Global LTD, the platform's previously associated company, which was struck off the Seychelles register in August 2023. No licensing applications have been received from MX Global Ltd or any affiliated entities since the VASP Act's transitional period ended on January 1, 2025. The FSA's investigation was prompted by ongoing complaints and notifications regarding MEXC's operations in Seychelles. This enforcement action signals a tightening of regulations for offshore crypto platforms.
Ask AI about this cluster
Answers cite the sources they use
Timeline
More articles in this cluster (4)
Following this threat?
Track MEXC Global LTD in your own feed — you're alerted when they show up in new reporting, leak sites or exploitation.
Free account · no card needed
Continue Reading
Critical BeyondTrust 9.3 Vulnerability Actively Exploited by Threat Actor A critical vulnerability (CVE-2026-102764) in BeyondTrust Remote Support has been discovered and is actively being exploited by the threat group ARMORY CASTLE, reportedly linked to China. The vulnerability, which has a CVSS score of 9.3, allows unauthenticated attackers to upload files and potentially compromise host… 
Lazarus APT Launches Operation FlashHole Using AI and Post-Quantum Cryptography Kaspersky has identified a cyberespionage campaign, dubbed Operation FlashHole, attributed to the Lazarus APT group, active since July 2025. The campaign has targeted at least three organizations in South Korea's construction, software, and wire-communication sectors. Attack methods include spear-phishing emails…