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US Treasury Sanctions Canadian Currency Exchanges Over Iran
The U.S. Department of the Treasury imposed sanctions on eight Canadian currency-exchange businesses and targeted Seychelles-incorporated MEXC Global on Friday, November 7, 2026, citing illicit financial networks and sanctions evasion linked to Iran. The enforcement actions freeze U.S. assets and restrict dollar-clearing access for the designated entities.
cryptofintech
Cross-border regulatory actions and compliance mandates highlight ongoing scrutiny across global payment rails and digital asset intermediaries.