Bollcoin reported on October 21 that cryptocurrency exchange MEXC announced it will cease providing services to users in Russia and Belarus in line with global compliance requirements. Affected users will be notified individually, with the notice outlining the timeline and process for closing positions and withdrawing assets. Users who do not receive a notice will not be affected and may continue using the platform under its terms of service. MEXC stated that user assets are safe and reminded users to be wary of phishing links and impersonation accounts, noting that the platform will not ask for payments or transfers via private messages, nor request account credentials or mnemonic phrases.