Coinbase, a major cryptocurrency exchange, has announced its withdrawal from the Turkish market. This decision comes amid an increasingly complex and challenging regulatory environment for foreign exchanges operating in the region. The move highlights growing concerns over the global regulatory landscape affecting the blockchain industry. As governments worldwide tighten their grip on cryptocurrency operations, exchanges like Coinbase face mounting difficulties in maintaining compliance. This development underscores the broader trend of regulatory hurdles impacting the growth and stability of the crypto market.