OKX crypto Exchange has launched a localized Turkish platform
The President of the company noted the high level of implementation of digital assets in the country
OKX has launched a localized version of the crypto exchange in Turkey, local customers will be able to trade bitcoin, Ethereum and USDT stablecoin paired with the national currency. OKX President Hong Fang called the country a very important market for the company, noting the high demand for cryptocurrencies and the level of their implementation, as well as the volume of transactions. According to him, the use of bitcoin as a means of preserving value is widespread among local investors.
Cryptocurrency in Turkey has become widespread amid high inflation. At the moment, the authorities are preparing to implement a regulatory framework for the sector, and local banks Akbank and Garanti BBVA have started working with cryptocurrencies.
It also became known that this year the Turkish government intends to introduce a tax on cryptocurrencies and tighten anti-money laundering (AML) requirements for industry companies. The latest initiative is aimed at improving the country's FATF rating.
Source: https://getblock.net/news/okx-crypto-exchange-launches-localized-turkish-platform
