Binance’s new CMO praises Istanbul as cryptocurrency hub

Odaily Planet Daily News Binance’s new CMO Rachel Conlan spoke highly of Istanbul’s position in the global cryptocurrency ecosystem in an interview with CoinDesk Türkiye, calling it a crypto center. Conlan mentioned that although the global digital currency penetration rate is only 5%, Turkey has reached 12%. She also emphasized Turkey’s importance in the global ecosystem and expressed satisfaction with Binance’s achievements in the Turkish market. Conlan also emphasized the importance of regulatory compliance, stating that Binance holds 18 licenses globally and has invested more than $80 million in user security infrastructure. She predicted that number could double in the pursuit of excellence, adding that "regulation will facilitate people adapting to the industry". (CoinDesk)