Summary
- Coinbase announced that it has canceled its application for a license to enter the Turkey virtual asset market.
- Although the reason for the cancellation of the application was not disclosed, it was reported that this could cause uncertainty among investors.
- The cancellation of entry into the Turkish market is seen as potentially impacting Coinbase's regional strategy.
On the 2nd (local time), the professional media Cointelegraph reported that "Coinbase has canceled its application for a license to enter the Turkey virtual asset market" using documents from the Capital Markets Board (CMB). According to the report, the reason for the cancellation of the application was not disclosed. Coinbase had applied for a license to operate a virtual asset exchange in Turkey last August.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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