KuCoin Türkiye Names New Deputy General Manager, to Sponsor Istanbul Blockchain Week

KuCoin Türkiye has announced new developments to
strengthen its position in the Turkish crypto market. The most notable of these
is the appointment of Rıdvan Bahadır as the new Deputy General Manager, coupled
with KuCoin Türkiye’s grand sponsorship of the upcoming Istanbul Blockchain
Week.

AML Expert

According to a statement by the exchange, Bahadır’s
appointment will boost KuCoin Türkiye. With a background in anti-money laundering (AML) and countering the financing of terrorism (CFT), Bahadır has
experience in regulatory compliance.

Before joining KuCoin Türkiye, he served at MASAK, the
Financial Crimes Investigation Board under the Turkish Ministry of Finance and
Treasury. The company expects his experience to be key to maintaining high
compliance and security standards.

“Joining KuCoin Türkiye as the Deputy General Manager,
I am deeply committed to strengthening our role and upholding the highest
standards of compliance and security. In today’s rapidly evolving crypto landscape, maintaining robust compliance is crucial not only for building trust but also for ensuring the long-term sustainability of our platform,” Bahadır
said in a statement.

Besides the leadership changes, KuCoin Türkiye is
taking a prominent role at Istanbul Blockchain Week, one of the region’s
premier blockchain events. As a grand sponsor, the company will provide a networking lounge, offering participants a space to connect, share insights,
and engage in discussions about the future of cryptocurrency and Web3
technology.

Supporting Local Crypto Community

The exchange has welcomed the opportunity, saying it
aligns with its mission of promoting innovation and supporting the local crypto
community. Attendees at the event will reportedly have the opportunity to meet
with the KuCoin Türkiye team and participate in various activities that
showcase the platform’s offerings.

Last month, KuCoin’s Visa debit card KuCard announced the integration of multiple virtual and physical cards to enable users to manage
multiple cards and access a cashback program. The platform promised enhanced
financial flexibility for personal use, managing family expenses, or keeping
separate cards for different spending categories with the new service.

This feature reportedly enables budgeting, improved expense tracking, and better access to funds. Users can also access KuCard’s crypto-to-fiat conversion and cashback rewards.

This article was written by Jared Kirui at www.financemagnates.com.
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