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Gate.io Follows Binance in Discontinuing Turkish Language Support and Marketing Activities

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In mild of the just lately enacted cryptocurrency regulation in Turkey, Gate.io has introduced the discontinuation of its Turkish language assist and advertising and marketing actions aimed toward Turkish residents. This resolution, nevertheless, is not going to influence deposit/withdrawal or buying and selling operations, and the platform will stay accessible to Turkish customers.

Crypto Exchanges Embracing Authorized Compliance

Following the official publication of the cryptocurrency regulation within the Official Gazette this week, cryptocurrency exchanges are implementing modifications to make sure compliance. Binance had beforehand introduced the gradual elimination of Turkish language assist and the termination of selling actions directed in the direction of Turkish customers inside three months.

Echoing Binance’s resolution, Gate.io issued the same announcement at this time. The assertion reads, “Turkish language assist on Gate.io can be discontinued inside 3 months. Gate.io’s promoting and advertising and marketing actions directed in the direction of Turkish residents can be terminated.”

Platform Entry Stays Open

The announcement emphasised that Gate.io’s platform will proceed to be accessible to Turkish residents. Gate.io additional acknowledged that it’s going to carefully monitor any new rules launched by the Capital Markets Board of Turkey (SPK) sooner or later. The change additionally assured customers that their funds stay safe beneath Gate.io’s safety and that the aforementioned modifications is not going to have an effect on deposit/withdrawal or cryptocurrency buying and selling actions.

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