MEXC names Vugar Usi as its new CEO, highlighting a focus on MiCA.

New CEO Appointment

MEXC has named Vugar Usi as its chief executive officer.

Strategic Emphasis on MiCA Licensing

Usi’s appointment is geared toward securing a MiCA license, a move that will accelerate the exchange’s expansion throughout the European Union.

Business Model and Trading Activity

The platform will retain its low‑fee model while sustaining a daily trading volume of roughly $2.2 billion.