Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Exchange opens legal dialogue with Treasury officials as blockchain investigator ZachXBT criticizes rival platform bans and questions federal data Cryptocurrency exchange MEXC Global has opened formal legal communication with the U.S. Treasury Department’s Financial Crimes Enforcement Network, seeking to resolve federal allegations that the platform facilitated more than $16 billion in illicit transactions. MEXC Chief Executive Officer Vugar Usi said Monday that FinCEN confirmed receipt of the company’s formal request to cooperate through U.S. legal counsel. The engagement comes as …