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Turkey blocks 46 cryptocurrency websites, including PancakeSwap
The Turkish financial regulatory agency (CMB) has just blocked 46 websites related to cryptocurrencies, including the major DEX PancakeSwap, on the grounds of providing illegal services. PancakeSwap recorded a trading volume of over 325 billion USD in June.
This move is part of a campaign to tighten cryptocurrency regulation, requiring platforms to comply with new AML regulations, especially for transactions over 15,000 lira (425 USD).