Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown
Turkish financial regulators have blocked access to decentralized exchange PancakeSwap and 45 other crypto-related websites as part of a broader crackdown on unauthorized digital asset services.
In a July 3 bulletin, the Capital Markets Board (SPK) announced legal action against the websites, citing provisions of Turkey’s Capital Markets Law.
The regulator said the targeted platforms were providing crypto services to residents without the required authorization.
PancakeSwap, which reported over $325 billion in trading volume for June, is among the world’s largest DEXs alongside Uniswap. It remains unclear how Turkish authorities determined the platform was directly offering services in the country.
Other blocked sites included…
