SPK has imposed an access restriction on PancakeSwap!
The Capital Markets Board (SPK) has imposed an access restriction on the #PancakeSwap platform due to its operation as an unauthorized cryptocurrency service provider.
This decision clearly shows that regulatory institutions in Turkey are now taking more active steps against decentralized exchanges (DEXs) operating without licenses.
📌 It is worth reminding: The SPK emphasizes that cryptocurrency platforms providing services, especially to Turkish users, must comply with legal regulations. This decision serves as a deterrent against platforms operating in Turkey that do not possess any licenses.
🔒 Even decentralized structures are now under scrutiny if they act contrary to local regulations.
It would not be surprising if similar steps are taken against other DEXs in the near future.
