[[{“value”:”As the government works to create a more ordered legal environment for crypto assets, Turkey is seeing an increase in applications for digital currency licenses.
This trend, which is fueled by a combination of legal clarity and economic considerations, shows how eager cryptocurrency companies are to operate in the country.
The continuous devaluation of the Turkish lira and high inflation rates have driven many people to look for other investment possibilities, hence increasing the demand for cryptocurrencies.
Crypto: Development In Regulations
Currently under final considerations, the Turkish government calls on virtual asset service providers (VASPs) to secure permits from the Capital Markets Board (CMB). This program aims to improve investor security and provide a safe space for trading cryptocurrencies.
The CMB is keeping an eye on things to make sure they follow the rules. This is very important for gaining investor trust and moving Turkey towards world norms.
Turkey
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