In light of the recently enacted cryptocurrency law in Turkey, Gate.io has announced the discontinuation of its Turkish language support and marketing activities aimed at Turkish residents. This decision, however, will not impact deposit/withdrawal or trading operations, and the platform will remain accessible to Turkish users.
Crypto Exchanges Embracing Legal Compliance
Following the official publication of the cryptocurrency law in the Official Gazette this week, cryptocurrency exchanges are implementing changes to ensure compliance. Binance had previously announced the gradual removal of Turkish language support and the termination of marketing activities directed towards Turkish users within three months.
Echoing Binance’s decision, Gate.io issued a similar announcement today. The statement reads, “Turkish language support on Gate.io will be discontinued within 3 months. Gate.io’s advertising and marketing activities directed towards Turkish residents will be terminated.”
Platform Access Remains Open
The announcement emphasized that Gate.io’s platform will continue to be accessible to Turkish residents. Gate.io further stated that it will closely monitor any new regulations introduced by the Capital Markets Board of Turkey (SPK) in the future. The exchange also assured users that their funds remain secure under Gate.io’s protection and that the aforementioned changes will not affect deposit/withdrawal or cryptocurrency trading activities.
Read the full article here
