Bitcoin Exchange BTCTürk Halts Operations in Turkey
Turkish bitcoin exchange BTCTürk, operational since 2013 has been forced to cease its operations in Turkey after failing to find support from local banks, the last of whom terminated BTCTürk’s banking account. Turkey’s sole bitcoin exchange, BTCTürk, has revealed that it is left with no choice but to stop operations in the country after failure to find a banking partner willing to work with the bitcoin exchange. In an announcement on its blog, BTCTürk revealed “problematic” relationships with most banks since its early days, despite the exchange’s track record on legal compliance. The....
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