Areon set to apply Türkiye’s Capital Markets Board (SPK) for AreonX license
Hello Areonites!
Becoming the most comprehensive Layer 1 blockchain ecosystem requires continuous growth in subsections of Web3 and blockchain technologies. Growing our ecosystem is the fundamental directive of Areon Foundation. As a part of this continuous growth model, Areon Network has been working hard to launch its centralized crypto exchange AreonX for some time.
AreonX will start providing its services to customers in Türkiye after obtaining a license from Türkiye’s Capital Markets Board (SPK). We have completed technical and legal preparations for the application.
AreonX will be the brand name of our centralized exchange, operated by the tech firm Magician of Meta Teknoloji Anonim Şirketi in Türkiye. SPK will start reviewing the applications by August 2, 2024. The applicants and the verified companies will be listed on the official website spk.gov.tr
AreonX will be accessible on areonx.com website.
All eyes on the SPK
Türkiye has a growing potential for crypto asset markets and a vibrant community of enthusiasts. It is a great place for AreonX to begin its journey. AreonX will start onboarding clients in Türkiye via SPK license, but our exchange will also onboard clients globally.
On June 26, new legislation regarding cryptocurrency assets was passed by the Turkish Parliament and enacted into law. Starting August 2, the SPK will publish a list of companies that have applied to provide licensed cryptocurrency services on their website.
Mehmet Deniz Perçin, the CMO of Magician of Meta Teknoloji and Areon Network, shared his thoughts on the new regulations and AreonX’s entry into the Turkish market:
“We believe in the potential of Turkey’s cryptocurrency market. With AreonX, our goal is to provide a secure, transparent, and user-friendly exchange platform to help realize this potential. We are excited to lead the growth of Turkey’s crypto asset ecosystem.”
About Areon Network
Areon Network stands out as a practical and comprehensive solution for end users and developers. As a Layer 1 blockchain and ecosystem developer, Areon Chain is renowned for its speed, scalability, and low cost. It boasts a capacity of 600,000 transactions per second (TPS) and a transaction speed of under 100 milliseconds.
Since its inception, the Areon Network community has grown rapidly, blending next-generation decentralized finance (DeFi) solutions with the reliability of traditional financial technologies.
With a solid roadmap and an expanding ecosystem, Areon is now one step closer to becoming the most comprehensive network with the launch of its crypto exchange.
Magician of Meta official links:
