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Bitcoin

Turkish Digital Bank to become the first time in Crypto Custody with Taurus

Turkish Bankpozitif Bankpozitif is scheduled to launch coded currency nursery services in cooperation with the Crypto Swiss Crypto Tauus platform, making it the latest financial institution in Türkiye to embrace digital assets.

On March 4, Bankpozitif announced a strategic partnership with Tauurus, enabling its institutional customers to store encryption assets with the bank.

The service is expected to be offered by June and will initially be characterized by support for the first five encryption assets by the maximum market, including Bitcoin (BTC), Ether (BTC), Tether Usdt (USDT), XRP (XRP) and Solana (SOL), BankPozitif spokesman.

“Crypto is a very noise theme. We believe that other players will also be active in the Turkish market. The spokesman said:

Bankpozitif receives a temporary code from CMB

According to the President of the Bankpozitif Erkan Kork, the digital bank received a custody license from Crypto from the Capital Markets Council in Türkiye (CMB).

“Our subsidiary Crypto, Pozitifkripto, also a service provider license,” CEO He said In the LinkedIn post in late February.

CMB license advertisement by Bankpozitif Erkan Kork President on February 28. Source: LinkedIn

“We have completed the necessary temporary permit license from the Capital Markets Corporation to which we belong. From now on, we will enter the stage of the process of creating the process inside the bank with the work rules.”

Related to: Taurus launches the nursery and the distinctive symbol in Solana for banks

According to To the general CMB data, Bankpozitif is among the 88 companies announced that it will work according to the temporary Article 11 of the Capital Markets Law No. 6362.

“In this context, the existence of” the list of workers “does not mean that the organizations listed in this list are accredited in accordance with the relevant legislation.”

Taurus works with other Turkish banks

Regardless of Bankpozitif, Tauus works with three other Turkish banks, including Misyon Bank-which was first announced to share encryption in March 2024-The co-founder of Tauurus Lamine Brahimi said.

Bankpozitif’s Erkan Kork (left) and Tauurus’ Lamine Brahimi. Source: LinkedIn

Brahimi said: “With the growth of the demand for compatible digital assets, we are committed to supporting the financial sector in Türkiye with the infrastructure of the institutional class-supported by our local presence in Istanbul.”

Other bank -friendly banks include Garanti BBVA and AKBANK.

As we mentioned earlier, Türkiye has provided new encryption regulations in the last week of 2024, targeting stricter measures to combat money laundering and customer identification policies.

magazine: How encryption laws change all over the world in 2025