Coinbase Withdraws Application for the Turkish Market, Reasons Remain a Mystery 🤔

Recently, the well-known cryptocurrency exchange Coinbase withdrew its pre-application to enter the Turkish market, and the specific reasons have not been disclosed. The updated list from the Turkish financial regulatory authority shows that Coinbase is no longer among the companies applying for clearance.

However, other exchanges such as Bitfinex, Bitbns, Bitlo, OKX, and Rain Software are still actively applying, hoping to provide custodial services in Turkey. Market dynamics are constantly changing, and investors need to stay alert. 📈

Will this withdrawal affect Coinbase's global strategy? Let's wait and see.🔍