


The Capital Markets Board (SPK) continues to strengthen its oversight of the cryptocurrency sector. Recent examinations identified 63 websites providing unauthorized cryptocurrency services abroad. The SPK announced that legal proceedings have been initiated immediately to impose access restrictions on these sites.
According to the information disclosed by the SPK, these websites were engaged in unauthorized cryptocurrency transactions and leveraged transactions for users residing in Turkey. In the statement, it was noted that "The addresses of the websites determined to provide unauthorized cryptocurrency services and facilitate leveraged transactions via the internet to individuals residing in Turkey are listed below, and it has been decided to take the necessary legal actions for blocking access to these websites in accordance with the third paragraph of Article 99/A and the fourth paragraph of Article 99 of the Capital Markets Law."
In the SPK's weekly bulletin, the addresses of the sites found to be conducting unauthorized transactions were published. It was emphasized that these sites pose risks for investors in Turkey, and it is advised to avoid such transactions. This step by the SPK not only aims to protect investors in Turkey but also sends an important message towards tightening regulations in the cryptocurrency field.
Investors are advised to prefer only authorized and regulated platforms when making cryptocurrency investments. Platforms engaging in unauthorized transactions can create difficulties in protecting investors' rights. Therefore, it is essential to pay attention to licenses and regulations before trading on foreign sites.
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