Turkish authorities are planning to start regulating the cryptocurrency space in the country after two local crypto exchanges allegedly conducted an “exit scam” within a week, as per a report on business news outlet Bloomberg yesterday.
As CryptoSlate previously reported, major Turkish crypto exchange Thodex, which held at least $2 billion worth of its users’ crypto in custody, has abruptly stopped all operations last Wednesday. Local police officers later detained 62 people across eight provinces in connection to an ongoing investigation while the exchange’s CEO reportedly fled the country.
At the same time, four employees of Vebitcoin, another Turkish crypto exchange, were also arrested on Monday. The platform has similarly stopped all activities last week, citing financial problems.
Risk mitigation
Following the collapse of two crypto-focused platforms at once, the Turkish government is now reportedly planning to establish a central custodian bank to mitigate “counterparty
Źródło: https://cryptoslate.com/turkey-considers-crypto-regulation-following-the-collapse-of-two-exchanges/
