Apr 27 2021

Report: Turkey To Establish Custodian Bank For Bitcoin Exchanges

published by Peter Chawaga
in blog Bitcoin Magazine
original entryReport: Turkey To Establish Custodian Bank For Bitcoin Exchanges

custody markets regulation turkey

The Turkish government reportedly plans to serve as a custodian for local cryptocurrency exchanges, potentially holding bitcoin for users.Following the collapse of two local cryptocurrency exchanges and new regulations banning cryptocurrency-based payment services, the Turkish government is now reportedly planning to institute new measures to serve as a custody middleman for cryptocurrency investors.“The...

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