Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Whales Dump Pepe: Pepeto Could Be Their Next 100x Crypto Play

July 5, 2025

Bitcoin News Today – BTC Price LIVE , ETF News , BTC/USD, Bitcoin Casinos and More

July 5, 2025

Ethereum Approaches Wyckoff ‘Liftoff’ Phase

July 5, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown

0
By Aggregated - see source on July 4, 2025 Regulations
Share
Facebook Twitter LinkedIn Pinterest Email
Nemo

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 Cryptoradar and various investment and trading platforms, reflecting Turkey’s tightening oversight of the crypto sector.

Under regulatory changes implemented since March, the SPK has full authority over crypto asset service providers offering products to Turkish residents, enforcing standards and compliance requirements.

The country has taken a strict stance on crypto payments since banning their use for purchases in 2021. However, residents are still permitted to buy, hold, and trade digital assets.

Earlier this year, Turkey mandated that crypto users provide identifying information for transactions above approximately $425.

Globally, countries such as Kazakhstan, Venezuela, Russia, and the Philippines have also blocked crypto-related websites, citing unauthorized operations and illicit transaction risks.

Turkey’s regulatory approach is part of its broader strategy to formalize and control digital asset markets amid rising adoption.

Mentioned in this article

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Whales Dump Pepe: Pepeto Could Be Their Next 100x Crypto Play

July 5, 2025

Bitcoin News Today – BTC Price LIVE , ETF News , BTC/USD, Bitcoin Casinos and More

July 5, 2025

Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase

July 4, 2025
Leave A Reply Cancel Reply

What's New Here!

Whales Dump Pepe: Pepeto Could Be Their Next 100x Crypto Play

July 5, 2025

Bitcoin News Today – BTC Price LIVE , ETF News , BTC/USD, Bitcoin Casinos and More

July 5, 2025

Ethereum Approaches Wyckoff ‘Liftoff’ Phase

July 5, 2025

Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown

July 4, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.