WhiteBIT TR and Misyon Bank Sign Crypto Agreement – Details Inside

Created by Europe’s largest cryptocurrency exchange, WhiteBIT TR has established a new partnership with a bank, which could help expand its reach in the future.
To be precise, the cryptocurrency exchange has established a strategic partnership with Mission Banka platform that aims to provide a secure transaction experience in the world of cryptocurrencies with its innovative solutions and reliable infrastructure.
Thanks to this latest collaboration, Misyon Bank will be able to connect with individual investors across Europe through… White bit tr– Its third major initiative in the field of digital assets, after two global partnerships.
Details about this partnership
Terms of the agreement between MisyonTech, the fintech and digital asset company of Misyon Bank, and WhiteBIT TR, revealed that the latter will provide liquidity to major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USDC, USDT, and Avalanche (AVAX). ), on Türkiye’s first bank-secured cryptocurrency asset platform, which also features advanced tokenization capabilities.
The Capital Markets Board’s Crypto Asset Service Providers List lists Misyon Bank as the first Turkish institution licensed to provide custody and platform services in the cryptocurrency space. Emre Yetishkin, Chairman of the Board of Directors of WhiteBIT TR, highlighted this during the signing ceremony.
“Türkiye, as a regional leader in the crypto-assets sector, also dominates stablecoin trading volumes in the region,” Yetishkin said. We applaud Misyun Bank’s progress as a pioneer in the digital assets space in Turkey, aligning with global trends while showcasing a forward-thinking regional vision. He further stated that they are proud to contribute to Misyon Bank’s journey as it progresses towards its ambitious goals.
Notably, WhiteBIT TR offers more than 330 digital assets and 440 trading pairs to users. In just six months, it reached over 100,000 users in Türkiye, where it has been operating since 2022 with a 100% compliance guarantee.
Questions regarding digital asset regulation in Türkiye have been answered
In addition, Mehmet Sirit, CEO of MisyonTech, stated that the agreement they signed today with WhiteBIT TR is the first phase of their goal to reach retail investors in Europe. Seret also responded to questions regarding Turkish laws governing digital assets during the signing ceremony.
He stated: “The primary regulations related to digital assets in our country have strengthened Turkey’s position as a regional investment center. We expect the secondary regulations to be completed in the first month of 2025, which will also renew the confidence of cryptocurrency investors in the market. In this context, our platform is ready to meet The growing supply of crypto assets, both for custody and trading.
To conclude
Cryptocurrency adoption is growing at a rapid pace globally, and the recent partnership between WhiteBIT TR and Misyon Bank is another example of this. The deal ensures liquidity for major cryptocurrencies on Turkey’s first bank-insured cryptocurrency platform, strengthening Misyon Bank’s leadership in the digital assets space.
WhiteBIT Group is actively shaping the future of crypto-as-a-service for the B2B market, which includes WhiteBIT TR. With over 1,300 enterprise customers currently, it is amenable to joint ventures with banks, digital payment companies and other financial institutions.
Thus, the first debit card for cryptocurrency payments has just been released by Visa and WhiteBIT. Financial institutions can enhance their functionality and open new revenue streams by integrating cryptocurrency solutions into their operations. This includes giving customers the ability to store digital assets, create cryptocurrency wallets, purchase cryptocurrencies with fiat currencies, and more. WhiteBIT Group is ready to enter into new partnerships and increase its market share abroad.
Disclaimer: The provided content may include the personal opinion of the author and is subject to the market situation. Conduct market research before investing in cryptocurrencies. The author or publication does not accept any responsibility for your personal financial loss.
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