Binance, the world's largest cryptocurrency exchange, said that as part of its commitment to transparency and compliance, the company will be making some important changes to its services in Turkey. Company representatives noted that they closely monitor the development of the regulatory framework in all countries.
The platform's management emphasized that it continues to believe in the importance of cooperation with regulators in each country to ensure an appropriate environment for all clients of the trading platform and strongly supports the creation of a regulatory framework for the global digital asset industry.
In their opinion, this will protect the entire ecosystem and its participants. This is why Binance has taken the necessary measures to comply with legal regulations in Turkey and the rest of the world.
“In accordance with the laws, Binance.com continues to be available in Turkey. However, some services will be changed. Turkish language selection will be disabled for 3 months for all services. In addition, all marketing activities for local clients are planned to be stopped,” said the press service of the popular crypto exchange.
The company explained that these changes will affect some clients, however, the safety and global experience of all clients remains the organization's priority. Representatives of the exchange emphasized that all digital assets of users remain safe, and the deposit and withdrawal functions will continue to be available.