Turkey Blocks PancakeSwap in Sweeping Crypto Website Crackdown

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Turkey’s Capital Markets Board (CMB) has restricted access to 46 crypto-related websites, including PancakeSwap and Cryptoradar, for allegedly offering unauthorized services.

The regulator cited violations of Turkey’s Capital Markets Law but did not specify how PancakeSwap—which saw $325 billion in June trading volume—breached regulations.

Other countries, including Kazakhstan and Russia, have taken similar actions against unregistered crypto platforms.