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Binance Adjusts Services in Turkey Following New Crypto Regulations

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Binance, a leading cryptocurrency exchange, has announced a series of adjustments to its services in Turkey in response to new regulatory requirements. The company emphasized its commitment to transparency and regulatory compliance.

Changes to Services
The new regulations will lead to several significant changes for Binance users in Turkey. Firstly, the Turkish language selection for Binance.com services will be gradually turned off over the next three months. Additionally, all direct marketing activities targeting Turkish users will be completely halted. Despite these changes, Binance assured its users that the platform will remain accessible from Turkey, and all user funds are safe. Deposit and withdrawal functions will continue to be available.

Commitment to Compliance
Binance has been closely monitoring regulatory developments in Turkey and expressed its support for the creation of a regulatory framework to safeguard the cryptocurrency ecosystem. The company stated its dedication to collaborating with regulators to ensure a compliant environment for all users.

“We are aware that these changes will affect some of our users, but as always, the safety and experience of all our users will remain our priority,” said Binance.

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Industry Impact
The adjustments in Binance’s services come at a time when Turkey is ramping up its regulatory oversight of the cryptocurrency sector. This move is part of a broader trend of countries seeking to establish clearer regulatory guidelines for digital assets to protect investors and ensure market stability. Binance’s proactive approach to complying with local regulations could serve as a model for other exchanges operating in jurisdictions with evolving crypto laws. By taking these steps, Binance aims to maintain its operations in Turkey while aligning with the new regulatory landscape.

Source: blockchain.news

The post Binance Adjusts Services in Turkey Following New Crypto Regulations appeared first on HIPTHER Alerts.

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Blockchain

UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

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Libfx.com Announces Vision to Build a World-Class Financial Platform

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