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Some of our friends react by saying that foreign exchanges will be banned regarding the cryptocurrency bill. Some people ask whether global stock markets will be banned.
Friends, there is nothing banned that concerns you. Everything continues as before. All users will continue to trade as they wish on global stock exchanges.
So, we continue all our transactions on Binance. This is legally free now. That's more beautiful.
So what is prohibited in the offer?
There is no ban, friends, there is a requirement to be subject to the CMB license.
Situations such as foreign exchanges opening Turkish websites and these exchanges advertising in Turkey will be subject to the CMB license. So again, there is no ban, there is permission, there is licensing. This is a situation that must exist for the protection of citizens.
Additionally, this is why Binance opened Binance TR years ago. Leveraged transactions have not been possible in Turkish for years. Since Binance was aware of the potential regulations that may come, and because it has the most licenses in the world and immediately complies with the regulations of that country in every country it enters, it took these actions years ago and implemented them as if there was a law, even when the legal status was not there.
In summary; At Binance, all our transactions are legally free, that is, subject to our choice. As investors, we continue to use Binance Global and Binance Turkey in the same way as we have been using them until today, and it is now legal. I hope that has been revealing.
Follow me so you don't miss any profitable information! @İbrahim COŞAR (BİTCOŞAR)
