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Yes, you’re right. The Securities and Futures Commission (SFC) of Hong Kong has issued a warning that the crypto exchange MEXC appeared to be offering services to the city’s residents without being licensed. The regulatory entity stated that the company may be in violation of the local law, as no entity in the MEXC group is licensed or registered to conduct the ‘regulated activity’ in Hong Kong.
In response, MEXC Global took to their website to confirm their worldwide operations comply