MEXC appoints new CEO, commits to MiCA as EU growth accelerates

MEXC cryptocurrency exchange appointed a new chief executive and pledged to align its operations with the European Union’s Markets in Crypto‑Assets (MiCA) regulation as it expands across EU member states, the company said in a statement. The exchange did not name the new CEO in the public announcement.

Company officials described the leadership change as intended to strengthen regulatory engagement and speed the rollout of services in Europe. The exchange said it will pursue the authorizations and local arrangements required to serve customers in EU countries and adapt internal processes to meet MiCA standards.

MEXC plans to increase staff, localize services and expand customer support in European markets. The company intends to enhance risk controls, update internal policies, and adjust onboarding, reporting and custody practices to align with the requirements of MiCA. MEXC also noted it will work with national regulators to obtain any necessary licenses or registrations.

MiCA creates a single legal framework for crypto-asset markets across the EU, setting rules on transparency, governance, capital requirements, custody and consumer protection for crypto-asset service providers. Under the framework, crypto-asset issuers and service providers must meet licensing, transparency and prudential requirements before offering certain services in EU countries.

The exchange said its compliance work will include strengthening anti-money-laundering controls, custody arrangements and consumer-protection measures required under EU law. MEXC, which offers spot and derivative trading to retail and institutional clients internationally, said it will provide updates as it completes regulatory milestones and expands its European footprint.