Taurus Expands Custody Services to Turkey, Partnering with BankPozitif for Institutional-Grade Digital Asset Infrastructure
Mar 4, 2025, 2:58 p.m.
3 sources
Cryptocurrency custody firm Taurus has extended its services to Turkey, partnering with Istanbul-based BankPozitif to provide institutional-grade digital asset infrastructure. This marks a significant development as it is the first instance of a Turkish bank implementing such services. Taurus will offer its flagship custody tool and the 'EXPLORER' service for blockchain connectivity. The co-founder of Taurus, Lamine Brahmi, highlighted Turkey's favorable conditions for digital asset banking, including high adoption rates and a supportive regulatory environment, amid rising inflation and economic challenges that have driven cryptocurrency adoption in the country.
TBA
The news indicates a potential positive impact on the value of cryptocurrencies as institutional interest grows in Turkey.
Sources
Crypto Custodian Taurus Expands Footprint to Turkey Through BankPozitif Collaboration
CoinDesk
04.03.2025 13:00
Turkish bank BankPozitif partners with Taurus for crypto services
crypto.news
04.03.2025 14:45
Turkey’s BankPozitif to launch crypto custody with Taurus
Financefeeds
04.03.2025 17:26
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