After the publication of the cryptocurrency law in the Turkish Official Gazette, Binance shared an update containing information about changes in its operations in the country.
The cryptocurrency exchange announced significant adjustments to its services in Turkey to enhance transparency and comply with regulatory requirements. The company has engaged with Turkish regulatory authorities to create a compliant environment for its users and to support the development of a regulatory framework for cryptocurrencies.
As part of these measures, Binance.com will continue to be accessible from Turkey but with significant adjustments. The Turkish language option will be gradually phased out from the platform’s services over the next three months, and all direct marketing activities targeting Turkish users will be suspended.
Read More:
Binance may add 11 new altcoins
The cryptocurrency exchange also acknowledges that these changes may impact some users but emphasizes that security and user experience are of utmost importance. All user funds remain secure, and deposit and withdrawal functionalities will continue to be available.
