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US Treasury cuts MEXC off from the dollar system: $16 billion claim

On November 6, FinCEN (the US Treasury's financial crimes unit) banned American banks from making any transfers to or from the MEXC Global crypto exchange. The exchange was named a "primary source of money laundering threat," with claims totaling $16 billion in transactions over five years.

US refused to tighten cryptocurrency regulation: there will be no surveillance of transfers from $250

FinCEN (the financial intelligence service under the US Treasury) and the Federal Reserve Board of Governors officially withdrew on November 6 the draft of the so-called Travel Rule - a norm that would have required collecting sender data for any crypto transfer from $250. The draft had been in limbo for more than five years.