UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 20-F/A

(Amendment No. 1)

(Mark One)



| |  ̈ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE
SECURITIES EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------------



OR



| | x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
| | - | ------------------------------------------------------------------------------------

For the fiscal year ended December
31, 2019



OR



| |  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------



OR



| |  ̈ | SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
| | - | -------------------------------------------------------------------------------------------



Date of event requiring
this shell company report _______________________



For the transition
period from _________________ to _______________________



Commission file number
001-36896



Mercurity
Fintech Holding Inc.

(Exact name of Registrant
as specified in its charter)



N/A

(Translation of Registrant’s
name into English)



Cayman Islands

(Jurisdiction of incorporation
or organization)



Room 003, Floor 15,
Building No.1 B
No. 38 Zhongguancun Avenue
Haidian District, Beijing 100086
People’s Republic of China

(Address of principal
executive offices)



Frank Zhigang Zhao
Chief Financial Officer
Mercurity Fintech Holding Inc.
Room 003, Floor 15, Building No.1 B
No. 38 Zhongguancun Avenue
Haidian District, Beijing 100086
People’s Republic of China
Phone: +86 5360-6428

(Name, Telephone, E-mail
and/or Facsimile number and Address of Company Contact Person)



Securities registered
or to be registered pursuant to Section 12(b) of the Act:



|Title of each class                                                                                 | Trading Symbol(s) | Name of each exchange on which registered
|--------------------------------------------------------------------------------------------------- | ----------------- | -----------------------------------------
|American depositary shares, each
 representing 360 ordinary shares, par value
 US$0.00001 per share | MFH               | The Nasdaq Capital Market                
|Ordinary Shares, par value
US$0.00001 per share*                                                    |                   | The Nasdaq Capital Market                



* Not for trading, but
only in connection with the listing on the Nasdaq Capital Market of American depository shares, each representing 360 ordinary
shares



Securities registered
or to be registered pursuant to Section 12(g) of the Act:



None

(Title of Class)



Securities for which there
is a reporting obligation pursuant to Section 15(d) of the Act:



None

(Title of Class)



Indicate the number of outstanding
shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.



2,108,869,528 Ordinary
Shares (excluding ordinary shares in the form of ADS that are reserved for issuance upon the exercise of share awards) as December
31, 2019.



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes ̈No x





If
this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Yes ̈No x



Note – Checking
the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 from their obligations under those Sections.



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

YesxNo  ̈



Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant
to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit such files).

YesxNo  ̈





Indicate by check mark
whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerging growth company.
See the definitions of “large accelerated filer,” “accelerated filer” and “emerging growth company”
in Rule 12b-2 of the Exchange Act.



|Large
accelerated filer    ̈ |  | Accelerated
filer    ̈   
|--------------------------- |  | ------------------------
|Non-accelerated
filer   x   |  | Emerging growth companyx



If
an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards†
provided pursuant to Section 13(a) of the Exchange Act.

 ̈



† The term
 “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board
to its Accounting Standards Codification after April 5, 2012.



Indicate by check mark which
basis of accounting the registrant has used to prepare the financial statements included in this filing:



|U.S. GAAPx | International Financial Reporting Standards
as issued by the International Accounting
Standards Board ̈ | Other ̈
|---------- | ------------------------------------------------------------------------------------------------------ | ------



If
 “Other” has been checked in response to the previous question, indicate by check mark which financial statement
item the registrant has elected to
follow.

 ̈Item
17    ̈ Item
18



If this is an annual report,
indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes
 ̈ Nox



(APPLICABLE ONLY TO ISSUERS
INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)



Indicate
by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes ̈ No  ̈






















EXPLANATORY NOTE



This Amendment No. 1
on Form 20-F/A (the “Amendment”) is being filed by Mercurity Fintech Holding Inc. (the “Company”) to amend
the Company’s annual report on Form 20-F for the year ended December 31, 2019 originally filed with the U.S. Securities and
Exchange Commission (the “SEC”) on June 12, 2020 (the “Original 2019 Form 20-F”). The Company is filing
this Amendment solely to add the following disclosure to the Original 2019 Form 20-F regarding the reliance by the Company on the
SEC’s Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions from the Reporting and Proxy Delivery
Requirements for Public Companies dated March 25, 2020 (Release No. 34-88465) (the “Order”) extending the deadlines
by up to 45 days for filing certain reports made under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).



This Amendment is being
filed to include the disclosure below in accordance with the Order, which was omitted from the Original 2019 Form 20-F.



RELIANCE ON
SEC RELIEF FROM FILING REQUIREMENTS



On April 23, 2020,
we furnished a current report on Form 6-K to the SEC to indicate our intention to rely on the relief granted by the SEC’s
Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions from the Reporting and Proxy Delivery Requirements
for Public Companies dated March 25, 2020 (Release No. 34-88465) and to require additional
time to finalize our annual report on Form 20-F due to circumstances related to novel coronavirus (“COVID-19”) pandemic.
We are headquartered in Beijing, China, which has been seriously impacted by the COVID-19 epidemic. The severity of the current
COVID-19 pandemic resulted in lock-downs, travel restrictions and quarantines imposed by the PRC government. We closed our corporate
offices in China from January through March 2020 and requested that all employees work remotely. Restrictions on access to our
facilities and quarantines have impeded our finance team from completing the financial statements and related materials necessary
for audit. These, in turn, hampered our ability to file the annual report on Form 20-F by the original filing deadline of April
30, 2020.



As required by Rule 12b-15
under the Exchange Act, certifications by the Company’s principal executive officer and principal financial officer are filed
as exhibits to the Amendment under Item 19 of Part III hereof. Paragraphs 3, 4 and 5 of these certifications have been omitted
in accordance with the SEC’s rules and guidance. Additionally, the Amendment does not include the certifications under Section
906 of the Sarbanes-Oxley Act of 2002, as no financial statements are being filed with the Amendment.



Other than the matters
described above, this Amendment does not amend or modify any information included in any of the disclosure presented in the Original
2019 Form 20-F or reflect events that may have occurred subsequent to the original filing date of the Original 2019 Form 20-F
on June 12, 2020. Accordingly, the Amendment should be read in conjunction with the Original
2019 Form 20-F.













ITEM 19. EXHIBITS.



|Exhibit No. | Description
        of Exhibit                                                                      
|----------- | ----------------------------------------------------------------------------------------------------
|12.1*       | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes - Oxley Act of 2002
|12.2*       | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes - Oxley Act of 2002



__________________________

| | * | Filed herewith.
| | - | ---------------















SIGNATURES



The registrant hereby
certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned
to sign this Amendment No. 1 to its annual report on Form 20-F on its behalf.







| | Mercurity Fintech Holding Inc.
| | ------------------------------
| |                               
| | By:                           
| |                               





Date: June 18, 2020