First Statement from CMB: Which Cryptocurrency Exchanges Will Close, Which Have Been Accepted?

The first statement regarding the application process requested by CMB from crypto asset platforms within the scope of the crypto asset law was made and a list was published for the platforms whose applications were accepted and whose liquidation was announced

According to the statement published on the CMB's announcement panel, 2 different lists were published and the names of the first crypto asset platforms whose applications were accepted at the current stage of the process were published. According to the list, it was stated that while the applications of 47 institutions were accepted at the moment, 3 institutions entered the liquidation process

The list included leading crypto asset platforms such as Paribu, Btcturk, BinanceTR, OKX TR, Bitexen, Bitci, Bitlo

The platforms that applied for liquidation were stated as WooTR, Coinsate, Every Bit Counts

It is too early for platforms not on the list

SPK also stated in its statement that the accepted applications will not be limited to the 47 platforms on the list. While stating that institutions with missing or insufficient documents in their applications are not included in the list, he stated that the list will be updated if these deficiencies are completed

Information received from stock exchange officials also supported these warnings stated by the CMB. It is expected that the number of platforms included in the list will increase significantly and be updated in the coming days.

Being included in the list does not mean being licensed

In the announcement, the CMB stated that

The fact that institutions are included in the “List of Those in Operation” does not mean that they are authorized by our Board in accordance with the relevant legislation

and emphasized that the current list is a declaration for the license process that will be clarified in the secondary regulations

QNB is also on the list after Akbank and Garanti

With the crypto asset bill process, banks' interest in the crypto money market has become more serious and concrete every day

Stay tuned for new units

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