#Coinbase And #KuCoin Applies For Crypto License In Turkey

Coinbase and KuCoin apply for crypto licenses in #Turkey , joining 29 new exchanges seeking approval, amid growing interest in the country's crypto market.

Highlights 💡

Coinbase and KuCoin apply for crypto licenses in Turkey's growing market.

29 new exchanges have sought licenses since August 9, totaling 76 applicants.

Turkey's Capital Markets Board receives a surge in applications after new regulations.

In the latest development, leading crypto exchanges like Coinbase and KuCoin have applied for crypto licenses in Turkey.

According to the latest update from the Capital Markets Board (CMB) of Turkey, 29 new crypto exchanges have applied for the license since August 9, when only 47 exchanges including #Binance , #OKX , and others have applied. However, the latest update showed that several other major crypto exchanges have applied for the license.