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What will be the impact of Garanti BBVA's crypto services on its stock price by end of 2025?
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Stock market analysis and reports from credible financial 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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