Turkish regulator reveals Coinbase and other companies have applied for licenses under new regulatory framework

After the Turkish Capital Markets Board (CMB) updated its regulations, the number of cryptocurrency companies applying for licenses has increased. Currently, companies including Coinbase, KuCoin and Gate.io have submitted applications, and the number of cryptocurrency companies applying for licenses has increased from 47 to 76. However, the Turkish Capital Markets Board clarified that being included in the "list of operating companies" is not equivalent to obtaining official authorization, and formal approval is still required. (Cointelegraph)