CMB, the institution authorized to regulate cryptocurrencies in Turkey, has taken action.
The CMB has banned the cryptocurrency exchange MEXC due to the cryptocurrency regulations.
At this point, it can be seen that the CMB has imposed a court decision to block access to the MEXC cryptocurrency exchange, the decision was taken on December 11, and the ban was imposed because it does not have a branch in Türkiye.
MEXC was not even on the stock exchange activity list published by the CMB.
Following the news, an official statement came from the MEXC team:
“Dear MEXC Users,
Due to technical reasons, mexc.com is temporarily unavailable in Turkey.
You can continue your transactions via the MEXC Application.
Your assets and transactions are safe. Thank you for your understanding and support!”
*This is not investment advice.