The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.
Cryptocurrency exchange Coinbase has withdrawn its pre-application for entry into the Turkish crypto market, according to documents released by the Turkish Capital Markets Board (CMB).
Coinbase had previously joined several prominent enterprises seeking entry into Turkey’s cryptocurrency market with more than 90 companies submitting applications in the past year.
Documentation indicating Coinbase’s withdrawal and request for liquidation. Source: Ahmet Karaca
