Turkish association wants to block crypto exchanges that “victimize customers.”
, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole.People trading cryptocurrencies in Turkey have been estimated at over 8 million as of 2022, according to Emrah Inanc, head of the Crypto Industry Development, Monitoring and Reporting Association. The country is in the world’s top five in terms of crypto investments, he highlighted.
Inanc pointed out that a number of exchanges from the Far East have been trying to attract Turkish customers. On this backdrop, he noted that the lack of rules and regulatory authority has led to “inconvenient results,” and acknowledged some of the challenges in relations with the public sector:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal – Exchanges Bitcoin NewsThe Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration.
Read more »
Cardano-based exchanges confirm Djed listings ahead of stablecoin launchCardano exchanges MuesliSwap and MinSwap have announced their support for the upcoming Djed stablecoin.
Read more »
Lampinen leads new vision as president of Northern Illinois News AssociationFormer Daily Herald editor DHJohnLampinen leads NINA as it pursues new vision dailyherald arlingtonhtsgov NINA_for_news
Read more »
West Virginia Golf Association executive director Ullman joins LIV GolfThe West Virginia Golf Association executive director Brad Ullman announced he will be the director of LIV Golf. GOV Gold will be hosting a tournament in early August at a resort.
Read more »