Banks Ready to Enter the Crypto Industry - Coinleaks
Current Date:November 7, 2024

Banks Ready to Enter the Crypto Industry

Istanbul Blockchain Week 2022On the second day of , the banks’ perspective on crypto and blockchain-related services was discussed.

Istanbul is positioned as an exciting cultural and commercial hub for cryptoassets and blockchain technology. In line with this, Istanbul Blockchain Week is held in Istanbul, the dynamic city of Turkey. On the second day of the event, how banks in Turkey plan to shape the web3 architecture was discussed.

Turkish Banks Hopeful in Crypto Sector

Istanbul Blockchain Week, defined as one of the leading events of Web3 and digital assets, opened its doors with NFT day on November 14. While the first day is left behind, the excitement continues on the second day.

One of the prominent speeches at the event today was “Web Banking Adventure”. As crypto adoption increases in Turkey, information about infrastructure and initiatives was shared. Cryptomeda CEO Eray DengizAt the panel, which started under the moderation of .

Eray Dengiz asks banks, “How will the banks’ transition to Web3 affect the end user?” posed the question.

From Akbank LAB Selim Yuksel , in response; “We want to increase financial literacy with Web3.” said.

One of the panelists directed by Eray Dengiz was “Are banks really ready for crypto money integration, as it is often said?” it happened.

From Garanti BBVA Korcan Abali stated that all banks are waiting for the regulation to come. From Turkey Is Bank Aydin Bozdemir “We believe that we can transfer our investment experience to cryptocurrencies,” he said. Cem Arcan from Circle also commented on the subject as “banks are on the verge of digital exit”.