Turkey Blocks 46 Crypto Sites, Including PancakeSwap Amid Regulatory Crackdown

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The Turkish Capital Markets Board (CMB) has blocked 46 websites, including the popular decentralized exchange PancakeSwap, for “providing unauthorized crypto services.” In a Thursday notice, CMB announced legal action against websites, citing provisions of Turkey’s Capital Markets Law. 

Turkey Bans PancakeSwap

The Turkish financial regulator, CMB, announced that it had taken legal action against PancakeSwap, a high-profile DEX that handled over $325 billion in trading volume in June. The CMB did not specify how it determined PancakeSwap was in…



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Turkey Blocks 46 Crypto Sites, Including PancakeSwap Amid Regulatory Crackdown


The Turkish Capital Markets Board (CMB) has blocked 46 websites, including the popular decentralized exchange PancakeSwap, for “providing unauthorized crypto services.” In a Thursday notice, CMB announced legal action against websites, citing provisions of Turkey’s Capital Markets Law. 

Turkey Bans PancakeSwap

The Turkish financial regulator, CMB, announced that it had taken legal action against PancakeSwap, a high-profile DEX that handled over $325 billion in trading volume in June. The CMB did not specify how it determined PancakeSwap was in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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