MEXC freezes its Global Card until about November 18, declining every payment and deposit after its card issuer makes "service adjustments"

Crypto exchange MEXC has paused its Global Card. Starting at 23:30 on November 14 (UTC+8), or 7:30 a.m. Pacific, all card transactions and top-ups are being declined, the exchange said in a maintenance notice. It expects service to return on November 18 but gave no time.

MEXC said the outage follows "service adjustments" by its third-party card issuer. It did not name the issuer or describe the changes, and said customers' funds are unaffected.

During the pause, cardholders can move any remaining balance to their MEXC fiat account with the Withdraw button on the card page. Payments started before the cutoff will settle normally and scheduled cashback will still be paid, while refunds that arrive during the pause land in the card account, the notice said. Coindoo noted that subscriptions and other recurring charges will fail until the card is back.

The pause comes eight days after the U.S. Treasury's Financial Crimes Enforcement Network ordered American financial institutions to stop sending funds to or from MEXC Global. That order takes effect 30 days after it is published in the Federal Register. MEXC's card notice does not refer to it, and no source has linked the two.