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Market
What will be Garanti BBVA's market share in Turkey's crypto trading by end of 2025?
3
Resolution / Starting Odds
Less than 5% • 25%
5% to 15% • 25%
15% to 25% • 25%
More than 25% • 25%
Market analysis reports from credible financial institutions or news outlets
Story
Garanti BBVA, Turkey's Largest Bank, to Launch Bitcoin and Cryptocurrency Trading Services Amid Banking Scrutiny
Jan 2, 2025, 01:13 PM
Garanti BBVA, one of Turkey's largest banks, is preparing to launch cryptocurrency trading services, including Bitcoin. This initiative comes amid scrutiny of the Turkish banking sector, particularly following accusations of a Ponzi scheme involving a bank led by one of the nation's longest-serving CEOs. The move by Garanti BBVA signals a significant shift towards cryptocurrency adoption in the region, reflecting a growing trend among financial institutions to integrate digital assets into their offerings.
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Similar markets
Under 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
Over 30% • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Ethereum • 25%
Bitcoin • 25%
Other • 25%
Ripple • 25%
Yes • 50%
No • 50%
Less than 5% • 25%
More than 20% • 25%
10% to 20% • 25%
5% to 10% • 25%
Strengthened • 25%
Uncertain • 25%
Weakened • 25%
No change • 25%
Increase by less than 10% • 25%
Increase by more than 10% • 25%
Remain stable • 25%
Decrease • 25%
20% to 30% • 25%
More than 30% • 25%
Less than 10% • 25%
10% to 20% • 25%
Less than 20% • 25%
More than 40% • 25%
30% to 40% • 25%
20% to 30% • 25%
Yes, Coinbase leads • 25%
No significant change • 25%
Coinbase falls to third or lower • 25%
Coinbase remains second • 25%
Decrease • 25%
Not measurable • 25%
Increase • 25%
Remain the same • 25%