Recently, the cryptocurrency bill passed by our country’s parliament continues to remain in the spotlight. According to a recent announcement, the popular US-based cryptocurrency exchange Coinbase has made a preliminary application to the Capital Markets Board to operate in our country. This decision by the company may excite crypto investors.
Coinbase’s Step in Turkey
Coinbase, one of the popular exchange platforms in the crypto market, has made a preliminary application to the Capital Markets Board to operate in Turkey. This process was initiated by Coinbase Turkey Software Technologies Inc. The team, taking steps towards cryptocurrency deposits in our country, aims to overcome legal obstacles with this process.
Previously, Coinbase faced legal obstacles in the United States and the United Kingdom, but it made significant progress by obtaining licenses from these countries. Crypto exchanges that meet the criteria of developed countries provide great confidence to their investors in this process. Coinbase, which has also made significant strides in the Web3 field, cannot offer its Web3 wallet in Turkey, causing many advantages to be left behind for investors.