Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Exchange rejects outgoing withdrawals and flags deposits after federal regulators designate rival a primary laundering concern Binance has barred all transactions to and from rival cryptocurrency exchange MEXC Global, warning that outgoing withdrawal requests will be rejected and incoming deposits frozen for compliance review. The restriction took effect immediately following a U.S. regulatory enforcement action designating Seychelles-based MEXC a primary money laundering concern over allegations involving more than $16 billion in illicit transactions. Under the policy, Binance stated that any …