08.01.2026 11:56
While the licensing process for cryptocurrency service providers by the Capital Markets Board is ongoing, it is emphasized that advertising, referral, and affiliate activities targeting users in Turkey from abroad to facilitate leveraged trading are explicitly prohibited. Nevertheless, there are claims that the cryptocurrency exchange MEXC Global, which has a decision for access restriction, continues to reach investors in Turkey through Telegram groups and influencer posts.
According to the Capital Markets Board (CMB) regulations, it is explicitly prohibited for platforms established abroad to conduct leveraged transactions without a license by targeting residents in Turkey through advertising, promotion, referral, affiliate, or influencer activities. This ban aims to prevent individual investors from taking excessive risks and to create a verifiable market structure in Turkey.
Experts emphasize that any targeted promotion and referral activities aimed at the Turkish market are among the most sensitive topics in the licensing process.
REFERRALS REACHING TURKEY DESPITE ACCESS BLOCKS
Despite the access block decision taken by the CMB, it is claimed that MEXC Global's referrals to investors in Turkey continue. It is reported that users are directed to MEXC Global's website through calls made especially via Telegram groups and social media posts.
Legal experts express that the continuation of such activities after access block decisions raises serious questions regarding investor safety and compliance with regulations.
TELEGRAM AND INFLUENCER REFERRALS ATTRACT ATTENTION
Screen captures and content shared on social media indicate that referrals to MEXC Global are ongoing in Turkey. Messages shared in Telegram groups invite users to register through links belonging to MEXC Global, and campaigns are announced with terms like "bonus" and "reward."
In the posts, incentives such as a 50 USDT futures trading bonus for new users are highlighted, and the referral links directly lead to MEXC Global's official website. The fact that the content is prepared in Turkish and targets investors in Turkey further deepens the discussions.
Experts remind that according to CMB regulations, it is explicitly prohibited to conduct leveraged transactions by targeting residents in Turkey through advertising, referral, or affiliate activities from abroad, and they point out that such shares carry serious risks in terms of the licensing process.
500X LEVERAGE: STRONG WARNING FROM EXPERTS
Another topic at the center of discussions is the leveraged transactions offered by MEXC Global, which can go up to 500 times. Financial experts emphasize that leverage ratios at this level can lead to the total balance being wiped out in seconds and pose extraordinarily high risks for individual investors.
According to experts, such extreme leveraged transactions are considered high-risk speculative activities rather than investment concepts. While the licensing process continues in Turkey, the legal framework under which these products are offered emerges as a critical question for investors.
RESPONSIBILITY ISSUE AND INVESTOR CONCERNS
In previous news reports about MEXC Global, complaints such as account freezing, sudden delisting decisions, and inability to reach support units were expressed. With recent developments, the question of whom investors will seek rights against in the event of a potential victimization has begun to be asked more loudly.
Experts warn that without a licensed and verifiable structure that directly assumes responsibility in Turkey, platforms where transactions are conducted may expose investors to serious risks not only financially but also legally.
It is noted that individuals trading on platforms that are claimed to target investors in Turkey from abroad, despite the CMB's explicit ban, may face the risk of not being able to find a counterpart and seek rights in the event of a potential loss.
Note: This news text has been prepared based on documents provided by users, publicly available complaint records, and CMB bulletins; it is presented as an allegation.