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Crypto Trading Service by Major Turkish Bank

Garanti BBVA Expands into Legal Crypto Trading in Turkey

  • Garanti BBVA is Turkey’s fifth largest bank.
  • The bank will offer crypto trading services via Garanti BBVA Kripto.
  • Garanti BBVA is owned by Banco Bilbao, a Spanish banking giant.

By launching crypto trading services through Garanti BBVA Kripto, the bank positions itself to capture a share of Turkey’s growing cryptocurrency market. This move could influence regulatory frameworks as more traditional banks enter the crypto space, potentially leading to increased oversight and standardization in the industry.

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