Prohibited Countries – Mercury Bank

The email I received says "Due to recent changes in how we determine account eligibility, we are no longer able to support accounts for businesses with physical or residential addresses in these countries. As a result, we will be closing the Mercury account1 for xxx xxx, LLC on May 1, 2026."

So is this the end for Non-US founders? This was the only bank that offered accounts/fin service without being physically present.