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What will be the impact of MiCA regulations on cryptocurrency adoption in Turkey by December 31, 2025?
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Story
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.
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