PancakeSwap Blacklists Users from Sanctioned Regions
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Semi-decentralized cryptocurrency exchange PancakeSwap will start banning users from sanctioned regions starting from March 9, according to reports on Twitter.

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Although the platform did not make any official announcement on the matter so far, the message on the website — according to reports — shows that users with IP from the following regions will not be able to use the platform:

  • Belarus.
  • Cuba.
  • The Democratic Republic of Congo.
  • Iraq.
  • North Korea.
  • Sudan.
  • Syria.
  • Zimbabwe.
  • Crimea.
US Authorities Impose Sanctions on Crypto Exchange Chatex

The largest DEX on the Binance Smart Chain also did not explain what is the reason behind the changes. In September 2021, the other decentralized aggregator of liquidity 1inch also started blocking access to US users based on IP addresses. The company's chief communications officer Sergey Maslennikov said the decision was made as the developers were working on a new product specifically for the US. He did not explain though why the platform chose the path of blocking users instead of letting them using the both versions of the trading platform.

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