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US cuts MEXC off from its banks: FinCEN bars transfers to the crypto exchange

On 6 November 2026 FinCEN ordered US financial institutions to stop sending or receiving funds to or from crypto exchange MEXC Global, after finding at least $16 billion in illicit flows. The ban takes effect 30 days after the order is published in the Federal Register, which had not happened yet.

5 min read2 views

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WAEMU mobile money transfers are free up to 8,000 CFA francs a day from 2 November

From 2 November 2026, domestic person-to-person mobile money transfers in the West African Monetary Union must go through PI-SPI, free up to a combined 8,000 CFA francs a day, with fees above that capped at 0.8 percent before tax. Receiving stays free, and the same terms reach cross-border transfers inside the Union on 1 June 2027.

4 min read1 view