Will Turkish Investors đ„ Be able to Access Binance Global After the Latest Crypto Law?
Binance Global decided to narrow down its operations for Turkish users.
As of last night, the crypto asset law in Turkey became law after being published in the official gazette. Due to some details within the scope of this law, the popular cryptocurrency exchange Binance seems to have decided to narrow down its operations in Turkey.
Turkish language options on Binance Global will be discontinued within 3 months. Additionally, marketing activities will also be discontinued. Still, Binance Global will be accessible to Turkish crypto investors.
âAs part of Binance's commitment to transparency and compliance, there will be some significant changes to our services in Turkey.
As Binance, we closely follow the legislative developments in Turkey.
We believe in the importance of cooperation with regulatory authorities to ensure a harmonious environment for all users and strongly support the development of a regulatory framework to protect the ecosystem for our industry.
For this reason, we take all necessary measures to ensure legal harmony in Turkey and around the world.
In line with these regulations, access to Binance.com will continue to be possible from Turkey. However, there will be some adjustments to our services:
Language Options: Turkish language selection in Binance.com services will be gradually closed within 3 months.
Marketing Activities: All direct marketing activities towards Turkish users will be completely stopped.
We are aware that these changes will affect some of our users, but as always, the safety and experience of all our users will remain our priority.
âRest assured, all user funds are safe and deposit/withdrawal functions will remain available.â
