Turkish Regulators Recognize Bybit as Licensed Crypto Asset Provider

Bybit Türkiye has officially gained recognition as a crypto asset service provider by Turkey’s Capital Markets Board (CMB), marking a significant milestone for the exchange.

This status allows Bybit Türkiye, operating under local entity Narkasa Yazılım Ticaret Anonim Şirketi, to function within the country’s regulatory framework. Country manager Kutluhan Akçın emphasized their commitment to compliance and enhancing the Turkish market, aiming to provide a secure trading experience with Turkish Lira integration and exceptional customer support.

Bybit Türkiye plans to expand its presence by offering advanced trading technologies and features, positioning itself as a key player in Turkey’s evolving crypto landscape.

Clever Robot News Desk 25^th September 2024