Binance TR General Manager Mücahit Dönmez made important statements in the TV program he attended:
- As Binance TR, our main goal is to strengthen and grow the ecosystem.
- Binance is the world's largest cryptocurrency exchange, but it is not just a cryptocurrency exchange. There is a large, widespread ecosystem behind it.
- We are in close communication with all regulators in Turkey. We responded to approximately 8000 official letters throughout 2022 and 2023 to date.
- As Türkiye, we are one of the most important countries in the world in terms of crypto adoption.
- We estimate that approximately 10% of Türkiye's population is directly interested in cryptocurrencies.
- Corporate interest in cryptocurrencies is increasing rapidly in Turkey. Recently, we have heard that some banks are investing in cryptocurrency exchanges, acquiring majority shares, or even interested in establishing their own cryptocurrency exchange.
- As in every sector, bankruptcies may occur in the cryptocurrency sector. This is a result of corporate governance failure.
- The ideal scenario for regulating the cryptocurrency industry would be to introduce a global regulation.
- We prepared a legislative proposal package consisting of 13 articles on regulating cryptocurrencies in Turkey. We shared this with all the relevant parties we met.
- There should be a regulation for cryptocurrencies in Turkey, but it should not be a regulation that would hinder financial innovation. Innovation should not be blocked.
- Although developments such as bank bankruptcies have increased the cryptocurrency market in the short term, I do not expect a bull market in 2023.
