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74/100 Bullish 05.06.2026 · 03:37 Finrend AI ⏱ 1 dk 👁 3 TR

Turkey's Capital Markets Board Grants Three Banks Permission for Crypto Custody Services

The Capital Markets Board of Turkey (SPK) has authorized three banks to operate as crypto asset custody institutions. This decision is seen as a significant step toward regulating Turkey's cryptocurrency market and increasing institutional participation. With SPK approval, these banks can now offer crypto custody services to their clients. While the names of the approved banks have not yet been disclosed to the public, the development is expected to boost confidence in the sector and further increase investor interest in crypto assets. Crypto custody services, particularly by providing a secure storage infrastructure for institutional investors, could contribute to market deepening. SPK's move stands out as one of the most concrete steps taken within the scope of regulating Turkey's crypto asset ecosystem. Having previously introduced regulations for crypto asset service providers, the board now aims to enhance competition and diversity in the sector by allowing banks to enter this field. This development is viewed as a critical turning point for the maturation of Turkey's cryptocurrency market and its alignment with international standards. Banks offering crypto custody services will help investors protect their digital assets more securely while also contributing to the orderly growth of the sector. This is not investment advice.

📊 GOOGL — Piyasa Yorumu

■ neutral · 30%

While the news does not have a direct impact on GOOGL, crypto custody permits could increase interest in the technology and finance sectors. On the technical indicators, the RSI is at 54, in neutral territory, while the MACD is above the signal line but in negative territory. The price is above the 20-day moving average but below the 50-day average, indicating short-term direction uncertainty. The 1.33% decline in the last 24 hours suggests weak momentum. Therefore, no clear direction is expected in the short term.

RSI 14
54.4
MACD
-1.14
24h Δ
-1.33%

📊 COIN — Piyasa Yorumu

▲ up · 60%

The news can be considered a positive regulatory step for the cryptocurrency sector and may provide indirect support to crypto exchanges like COIN. However, the stock has fallen 10.9% in the last 24 hours, and its RSI of 36.8 is approaching oversold territory. Although the MACD is in negative territory, it is approaching the signal line, which could indicate potential for a short-term recovery. Trading below both the SMA20 and SMA50 presents a technically weak outlook, but the positive sentiment from the news could help recover some of the decline. A short-term upward move is possible, but caution is advised as the downtrend has not been broken.

RSI 14
36.8
MACD
-3.98
24h Δ
-10.94%
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