BtcTurk Crypto Exchange CEO, Ozgur Guneri, Steps Down

Ozgur Guneri, the CEO of Turkish crypto exchange BtcTurk, announced he is stepping down after leading the company’s business operations for seven years.

Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. However, he will remain with the company as a director.

According to Bloomberg, the change in management comes amid BtcTurk’s planned expansion to Africa, the Asia-Pacific region, and Latin America in a bid to become a global crypto exchange.

BtcTurk founder Kerem Tibuk will take over as CEO, while Guneri will remain with the company and serve on the board of directors.

Hyperinflation Drives Crypto Demand In Turkey

Cryptocurrencies have gained traction in Turkey as an alternative to the country’s fiat currency, the Lira, a currency besieged by soaring inflation. 

In 2024, Trading Economics reported that

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