🚨 BREAKING: Turkey Bans 46 Crypto Platforms — Including PancakeSwap 🇹🇷💥
The DeFi crackdown is real.
The Turkish Capital Markets Board (CMB) has just blocked 46 crypto sites, including major DeFi player PancakeSwap, over licensing violations.
🧨 Why it matters:
🚫 Sites banned for lacking KYC/AML compliance & licenses.
💸 DeFi users lose access to low-fee trading, staking & liquidity.
📉 CAKE token dropped 4% after the ban.
🌍 Pushes Turkish crypto traders toward offshore & unregulated platforms.
🎯 What’s Turkey after?
Investor protection. Market stability. Control over capital flows.
CMB says the sector ballooned to ₺5.7 trillion in assets—too big to ignore.
🔥 Global Trend Alert:
From the U.S. to India to Turkey — governments are clamping down.
DeFi, once untouchable, is now in the regulatory spotlight.
