TechFlow news, March 4 — According to CoinDesk, Swiss crypto asset custody firm Taurus has officially entered the Turkish market by partnering with Istanbul-based BankPozitif, offering institutional-grade digital asset infrastructure services to Turkish banks for the first time. As announced on Tuesday, BankPozitif will deploy Taurus’ flagship custody solution and its "EXPLORER" service, which provides blockchain node and indexing infrastructure, enabling the bank to connect to both public and permissioned blockchains.
Lamine Brahimi, co-founder of Taurus, said Turkey is an exciting market with “high adoption rates, growing institutional interest, and a constructive regulatory framework” that creates ideal conditions for digital asset banking. In recent years, amid economic challenges and double-digit inflation in Turkey, cryptocurrencies have become a significant financial tool for local users, driving widespread crypto adoption across the country.
