Binance: Service updates in accordance with Turkey's new cryptocurrency regulations, all direct marketing activities targeting local users will be completely halted

ChainCatcher news, according to the official announcement, Binance has announced service updates in accordance with Turkey's new cryptocurrency regulations. All direct marketing activities targeting local users will be completely halted, and the Turkish language option for Binance.com will be gradually shut down within 3 months.

Binance stated that it has been closely monitoring regulatory developments in Turkey and believes that collaborating with regulators is crucial to ensure that all users can enjoy a compliant environment. Binance will strongly support the establishment of a regulatory framework for the industry to protect the ecosystem, and is therefore taking all necessary measures to ensure compliance with the law in Turkey and globally.