Turkey has taken significant steps in regulating cryptocurrency this year, resulting in clearer requirements for exchanges. Following these important regulations, global exchanges had to remove Turkish language support. Currently, access restrictions have begun due to the Capital Markets Board’s (SPK) request, impacting cryptocurrency exchanges operating within the country.
MEXC Exchange Faces Access Block
In response to the SPK’s decision dated December 11, access to the MEXC exchange website has been blocked. Some users have managed to access the site through different internet service providers and VPNs, but it is expected that the ban will eventually include all operators. However, residents in the Turkish Republic of Northern Cyprus have reported being able to access the site without issues.
A review of exchanges operating in Turkey on the SPK’s website shows that MEXC is not listed. Companies like Binance and other popular cryptocurrency firms have received operational licenses after obtaining the necessary approvals and local representation. The absence of MEXC from the active ...
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