A partial advertising ban is coming to cryptocurrency exchanges

Important regulations are being introduced for cryptocurrency exchanges to advertise in Turkey, provide customer services, social media sharing and Turkish language support.
As the new regulation concerning cryptocurrencies and cryptocurrency exchanges comes to an end, new details continue to arrive. It was revealed that work was being done on a different advertising ban on cryptocurrency exchanges. Advertising ban on cryptocurrency exchanges It is known that crypto asset regulation includes details such as defining crypto assets, licensing requirements for cryptocurrency exchanges, and keeping assets in wallets in the country.
According to the information shared on social media, global cryptocurrency exchanges such as Binance and MEXC, which are represented in Turkey, are prohibited from advertising, sharing in Turkish and conducting email communication in Turkish. Additionally, there will be no Turkish language on the global platform. Instead, they will be able to advertise or share through their representative company in Turkey. Global stock exchanges that are not represented in Turkey are also prohibited from localizing. In short, global stock exchanges are not wanted to promote themselves in our country and are encouraged to open offices. On the other hand, there will be no restrictions on citizens who voluntarily open accounts in global stock exchanges. Additionally, there is no regulation regarding the transfer of assets from local stock exchanges to global stock exchanges. It is also stated that the directors of the stock exchanges will face harsher sanctions than the banks, such as large prison sentences and liability for their personal property.