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2 clusters · 5 sources · 7 days · First seen · Last updated

MEXC exit from Dutch cryptocurrency market

Overview

Cryptocurrency exchange MEXC is winding down its operations in the Netherlands following enforcement of the European Union’s Markets in Crypto-Assets (MiCA) regulations. The Dutch Authority for the Financial Markets (AFM) had previously flagged the Seychelles-registered exchange for operating without proper authorization.

To facilitate the exit, MEXC has partnered with Bybit EU, a Vienna-based platform that secured MiCA authorization from Austria’s Financial Market Authority (FMA) in May 2025. MEXC has recommended that affected Dutch users migrate their assets to Bybit EU.

While initial reports suggested a full exit deadline of October 23, 2026, subsequent details clarify that users are encouraged to complete their transition by October 31, 2026, ahead of a final offboarding scheduled for November 16, 2026. Users must manually create and verify new accounts with Bybit EU, as assets and accounts will not be automatically migrated.

Entities

MEXC · Financial Market Authority · Bybit EU · Dutch Authority for the Financial Markets · Netherlands

Timeline

  1. 12 days ago

    [BUSINESS] 2 sources
    Bybit EU and MEXC partner for Dutch user transition

    Bybit EU will serve as a recommended alternative for MEXC users in the Netherlands as MEXC exits the market to comply with EU MiCAR regulations.

  2. 18 days ago

    [BUSINESS] 3 sources
    MEXC partners with Bybit EU to migrate Dutch users amid regulatory exit

    MEXC is exiting the Netherlands due to EU MiCA regulatory enforcement and has partnered with Bybit EU to help Dutch users migrate their assets to a compliant platform.

Sources

bitcoinethereumnews.com · blockzeit.com · cryptobriefing.com · financemagnates.com · newsbit.nl