The post Crypto Regulations In Turkey In 2024 appeared first on Coinpedia Fintech News
Turkey can be called as one of the largest and fastest crypto adopters globally. Over 5 million people currently own crypto in Turkey. Recent data reveals that more than 52% of Turkish adults aged 18-60 now own crypto. As of May 2023, over half of Turkish adults are crypto owners. There is no legal investor protection scheme for crypto assets. The Turkish fintech sector, specially cryptocurrency, has seen some significant growth in 2023. The country is about to introduce its first-ever legislation to regulate the crypto sector.
In this report by Coinpedia, we are about to discuss the latest development in the Turkish framework related to cryptocurrency. Let us dive in!
Crypto adoption in Turkey
The country exhibits a robust rate of crypto adoption and Turkey’s crypto regulation has a lot in sync with it, with two out of every five citizens holding crypto assets. It is mentioned that
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