AGP Executive Report
Last update: 11 hours agoFinancial Scrutiny: The US Treasury says Seychelles-registered crypto exchange MEXC handled at least $16 billion in transactions linked to illicit activity and sanctions evasion. A FinCEN order would bar US financial institutions from transferring funds to or from the platform once it takes effect; the order had not yet appeared in the Federal Register. Shipping and Sanctions: A tanker described as Seychelles-owned, the Beast, is signalling “Atlantic” after loading Russian diesel, even as other vessels carrying the fuel turn away from US routes amid sanctions risks and buyer caution. Governance: Seychelles ranked first in Africa in the 2026 Ibrahim Index of African Governance and also led the Freedom in Africa political-freedom ranking, scoring 9.2 out of 10.
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