Turkey's New Crypto Rules Drive Surge in License Applications

47 firms, including Bitfinex and Binance TR, are rushing for licenses as new crypto rules loom.

Starting July 2, Turkey's new law sets guidelines for crypto companies, shaping the future of crypto trading.

While 47 companies applied, some face delays or rejections, with final approval pending further checks.

Turkey, now the 4th largest crypto market globally, with $170 billion in trades, shows its growing importance.

More options, better protection, and easier usage are expected for Turkish crypto users, despite inherent risks.

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