Turkish Crypto Platform CEO Steps Down Amid Global Push

July 18, 2024, 12:57 PM UTC

The head of Turkey’s biggest cryptocurrency exchange BtcTurk is stepping down after seven years at the helm, as the firm plans an expansion abroad.

Ozgur Guneri, will step down as chief executive officer while staying on as a board member, BtcTurk Chairman Kerem Tibuk, told Bloomberg by phone on Thursday. Tibuk, the firm’s founder, will serve as acting CEO while the exchange focuses on its expansion, he said.

Turkey is among the top markets for cryptocurrencies as popular interest surged amid a high-inflation environment and a collapsing local currencyover the past few years. A number of former ...

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