Turkey's Capital Markets Board (CMB) has blocked access to PancakeSwap, marking the first instance of the country sanctioning a decentralized exchange (DEX). This action, reported by Turkey Today, cites the provision of unauthorized services as the reason behind the ban. The cryptocurrency price comparison platform, CryptoRadar, was also targeted in the crackdown. This move signals a potential shift in Turkey's approach to DeFi platforms. Experts speculate that regulatory authorities may extend these measures to other popular DEXs like Uniswap and Raydium. The CMB's actions highlight growing regulatory scrutiny over the burgeoning DeFi sector and its potential impact on traditional financial markets. Investors and users within Turkey should monitor the evolving regulatory landscape closely and consider alternative strategies for accessing decentralized finance services. ```