MEXC Exchange to Stop Serving Users in Russia and Belarus

WHY IT MATTERS

A centralized crypto exchange is like a bank for digital currencies — it holds your funds and lets you trade. When an exchange like MEXC stops serving users in certain countries, those users lose access to their accounts and must move their crypto elsewhere. This matters because it shows how crypto exchanges, despite operating in a digital and global space, are still subject to the same international rules and sanctions that apply to traditional financial institutions. For beginners, this is a reminder that keeping crypto on an exchange means relying on that company's continued willingness and ability to serve you. Self-custody — where you hold your own crypto keys — is one way users protect themselves from sudden platform-level changes like this.