Users from Iran and nine other countries will reportedly soon be blocked from accessing PancakeSwap, a popular DEX on Binance Smart Chain.
From March 9, the decentralized exchange platform PancakeSwap will reportedly start blocking access to Iranian IP addresses.from PancakeSwap indicating plans for the ban. According to the tweet, PancakeSwap will begin geoblocking users from Iran and nine other jurisdictions on March 9.
The other countries included in PancakeSwap’s geofencing are Belarus, Cuba, The Democratic Republic of Congo, Iraq, North Korea, Sudan, Syria, Zimbabwe, and Crimea.from DeFiLlama shows PancakeSwap controlling over a third of the total value locked in that ecosystem., it is not so common when it comes to their decentralized counterparts. The reality, however, is that some DEX platforms have also started restricting access to certain IP addresses.
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