Because cryptocurrency is currently unregulated (in Turkey), it could be more vulnerable to abuse and illicit activity. In general, regulations help build trust in this new asset class. On the other hand, the instability of the lira could make cryptocurrency more attractive.
Notabene’s platform provides a comprehensive, seamless, accessible offering that meets and exceeds the unique requirements of VASPs around the world. Through this integration, VASPs will have an additional tool for regulatory compliance, risk mitigation and data-driven decisioning.
Regulation itself is not limiting institutional investors. A perceived lack of regulatory clarity is.