, 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:
Source: Digital Coin News (digitalcoinnews.net)
With the popularity of cryptocurrencies growing in Turkey, the association urges individuals and organizations to send requests, suggestions, and complaints to the group 📢 How can we improve the crypto experience for traders in Turkey? cryptofeedback Turkey
The association urges traders to be cautious of dealing with offshore exchange platforms, as they have been accused of blocking customer accounts illegally for financing terrorism and money laundering 💸 How can we ensure the safety of crypto traders and their assets?
Turkey is in the world's top 5 in terms of crypto investments, with over 8 million people trading cryptocurrencies in the country 💰 can Turkey's crypto sector continue to grow and attract more investors? cryptoinvestment Turkey
The new association in Turkey plans to block crypto exchanges that 'cause unlawful transactions, cause victimization, and threaten our citizens and the country's economy' 🛡️ Are stricter regulations the solution to prevent illegal practices in the crypto industry?
Good news for Turkey's crypto community! A new association aims to monitor and develop the country's crypto sector and improve transparency in the industry 🚀🔍 crypto Turkey transparency
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