Turkey Just Blocked PancakeSwap
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Turkey’s financial watchdog has pulled the plug on PancakeSwap and dozens of other crypto sites, accusing them of operating without approval.
The Capital Markets Board didn’t hold back—blocking 46 platforms in one go, including the popular DEX PancakeSwap, which saw $325 billion in trading volume last month.
But the big question: What exactly made these sites “unauthorized”? Turkish officials haven’t spelled that out yet.
This isn’t the first time a country has gone after crypto sites. Kazakhstan, Russia, and others have done the same, often citing regulatory breaches. PancakeSwap hasn’t commented, but the move raises fresh questions about decentralized platforms and global compliance.
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