According to TechFlow, according to the official announcement, Binance announced that it will update its services in accordance with Turkey's new cryptocurrency regulations. All direct marketing activities targeting local users will be completely stopped, and the Turkish option of Binance.com will be gradually closed within 3 months.
Binance said it has been closely following regulatory developments in Turkey and believes that working with regulators is critical to ensuring that all users can enjoy a compliant environment. Binance will strongly support the development of a regulatory framework for the industry to protect the ecosystem, and is taking all necessary measures to ensure compliance with the law in Turkey and globally.