Turkish Authorities Block PancakeSwap in Crackdown on Crypto Websites

Turkey's Capital Markets Board Blocks Access to PancakeSwap for Unauthorised Crypto Services

Turkey’s Capital Markets Board (CMB) has blocked 46 cryptocurrency websites, including PancakeSwap (CAKE), for providing unauthorized cryptocurrency services. The CMB is Turkey’s financial regulator and will start legal proceedings against the various crypto services. Turkey has recently taken steps to reduce unauthorized services being offered to Turkish citizens. PancakeSwap is one of the most successful Decentralized Exchanges (DEXs), alongsi…

Turkey Imposes First Ban on Decentralized Exchange, Blocks PancakeSwap and CryptoRadar

Turkey blocks PancakeSwap for providing crypto services without approval under new licensing rules set in 2024. CAKE token drops by 0.96% in a day and trading volume falls over 23% after PancakeSwap is banned. Turkey increases crypto oversight as more people invest in digital assets due to rising inflation and lira instability. Turkey’s Capital Markets Board has officially blocked access to PancakeSwap. PancakeSwap is a decentralized crypto exch…

Turkey Blocks 46 Crypto Sites Including PancakeSwap in Regulatory Crackdown - CoinCodeCap

Key Takeaways As per reports, the targeted platforms were offering crypto-related services to Turkish residents without regulatory authorization. The country’s crypto adoption is projected to reach a penetration rate of 28.17% in 2025 Turkey’s top financial regulator has blocked access to 46 crypto-related websites, including leading decentralized exchange PancakeSwap, as part of an intensified crackdown on unauthorised digital asset services o…

Turkey Blocks 46 Crypto Sites, Including PancakeSwap

The regulator of Turkey has banned 46 crypto sites including PancakeSwap; reason being that their activities are not authorized. It is one of the largest crackdowns of a decentralized platform in Turkey. An example of a decentralized exchange (DEX) is PancakeSwap, which in June 2025 completed the turnover of 325 billion dollars. The step represents an offensive approach by Turkey against illegal crypto activities. In 2024, crypto market in Turke…

Turkey Blocks 46 Crypto Sites, Including PancakeSwap Amid Regulatory Crackdown - Coin Surges

The post Turkey Blocks 46 Crypto Sites, Including PancakeSwap Amid Regulatory Crackdown appeared first on Coinpedia Fintech News 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 Turk…

Turkey Blocks 46 Crypto Sites, Including PancakeSwap Amid Regulatory Crackdown

” 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, …