Binance has announced significant changes to its services in
Turkey. According to the firm, this is part of its focus on transparency and
regulatory compliance.
Binance Adjusts Turkish Services
Binance has been monitoring regulatory developments in
Turkey. The company believes in working with regulators to ensure a compliant
environment for users. Binance supports the development of a regulatory
framework to safeguard the ecosystem. To ensure legal compliance in Turkey and
globally, the company is taking necessary measures.
Binance.com will remain accessible from Turkey. However,
there will be adjustments to services. The Turkish language option will be
gradually turned off within three months. Marketing activities for Turkish
users will be completely halted.
Turkey’s new crypto framework is a positive step forward for the industry.At #Binance, we support these developments and will keep collaborating with regulators for a secure, compliant crypto ecosystem.More details here ⤵️ https://t.co/1ueOliKUYd
— Binance (@binance) July 2, 2024
Binance acknowledges that these changes will affect some
users. The company assures that user safety and experience remain a priority.
All user funds are safe, and deposit/withdrawal functions will remain
available.
This article was written by Tareq Sikder at www.financemagnates.com.
