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Press Release

Grand News Network | August 20, 2024

Coinbase, KuCoin Among 76 Firms Seeking Licenses in Turkey’s Evolving Crypto Landscape

Coinbase, KuCoin Among 76 Firms Seeking Licenses in Turkey’s Evolving Crypto Landscape

The list is still being updated and as some of these companies strive to meet the regulatory requirements set by the Turkish Capital Markets Board it was clear that the Turkish crypto market is due for more changes soon.

As the major players such as Coinbase and KuCoin strive for getting the business licenses in the country, the Turkish cryptocurrency landscape is changing vastly.

Turkish individuals and businesses have soon submitted these requests following recent changes in the set laws by the Turkish Capital Markets Board or CMB which can be considered as the turning point for the emerging crypto industry of the country.

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