Türkiye blocks access to PancakeSwap, marking the first time it has imposed sanctions on a DEX

币界网报道:According to Turkiye Today, the Capital Markets Board of Turkey (CMB) has imposed an access block on PancakeSwap for "unauthorized provision of crypto asset services". This is the first time Turkey has imposed sanctions on DEX. Also banned is the crypto price comparison platform CryptoRadar. The decision is based on the regulatory authorization obtained by CMB last year to block unlicensed overseas crypto service platforms for Turkish users. Analysts pointed out that this move sets a precedent for Turkish regulators to crack down on DEX, which may affect similar platforms such as Uniswap and Raydium. Previously, Turkey mainly implemented blockades on centralized exchanges that did not apply for local licenses.

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