The decentralized finance is the platforms where you can trade with your own wallet wherever you are in the world. However, they are subjected to intensive inspections in many countries. For example, the USA before Trump arrives DefiThe rise in the Altcoins in this area for the last 6-7 months was trying to strangle the US for the last 6-7 months. But the CMB, which is Türkiye’s SEC, is taking action.
Crypto money access barrier
The institution that regulates the capital markets in Türkiye CMBHe’s doing the same thing as the US SEC. Crypto currency Since investors have been drowning in ETF news for a long time, they know SEC better than the CMB.
According to the announcement published before, the third paragraph of Article 99/A of the Capital Markets Law and Article 99 of Article 99 were announced in accordance with the fourth paragraph of Article 99. These include websites that do not have a crypto currency service provider license and provide leverage services abroad. Since the licensing process has already been initiated for a long time, this is not surprising for relevant companies. It was previously announced that access to platforms that do not receive licenses will be prevented.
There are predominantly FX sites and the remarkable Pancakeswap is also on the list of the website. By announcement Cake He experienced some decline.
“The addresses of the websites that have been found to have done unauthorized crypto asset service provider activities via the internet for residents in Türkiye and the addresses of the websites that are determined to have made leveraged transactions abroad and the fourth paragraph of Article 99 of the Capital Markets Law and Article 99 of the Capital Markets Law are decided to be made.
It is interesting to see a defi platform for the first time among these sites working with gambling logic, perhaps the CMB Defi He shares a separate announcement for with enthusiasts soon.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.