The number of cryptocurrency platforms applying for liquidation to the SPK has risen to 45.

2025-07-18 04:44:40

Abstract generation in progress

With the passing of June 30, which the Capital Market Board set as the deadline for license applications for cryptocurrency asset service providers, more companies have thrown in the towel.

After the deadline for applications, 28 more companies were added to the list of companies withdrawing from the sector, bringing the total number of companies applying for liquidation to 45. Among the companies that have decided to cease operations in the crypto space are Bitget Turkey, which was acquired by CoinTR in recent months, as well as Blutrade, known by the Ortak brand, CoinList, BingX TR, Bitfinex, Coinbase Turkey, Nexo, and QNB.

On the other hand, the number of companies applying for a license and listed in the SPK’s “Active Companies List” has decreased to 60. It was reported that companies on this list, such as Arbitex, GMS Global, Gümüş Global, Kriptrade, MEXC, Necen, Ovro, Rootech, Block Earner, and Yuex, should not accept new customers and only carry out transactions for their existing customers until further notice.

Published: July 18, 2025 15:44

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