Garanti BBVA to Launch Cryptocurrency Trading Services, Including Bitcoin, in Turkey Amid MiCA Regulations

Jan 2, 2025, 01:37 PM

Garanti BBVA, one of Turkey's largest banks, is set to launch cryptocurrency trading services, including Bitcoin, for its customers. This move comes in light of the new Markets in Crypto-Assets (MiCA) regulations, which are expected to facilitate broader adoption of digital currencies in the region. The bank has partnered with Bit2Me, a cryptocurrency platform, to provide execution services for buying and selling cryptocurrencies. This initiative marks a significant step in the integration of cryptocurrency services within traditional banking in Turkey.