Is Turkey becoming the next crypto hub?

Since 2017, when the cryptocurrency industry started growing rapidly, there have been several identified crypto hubs. Now, analysts are wondering if Turkey is going to be the next big crypto hub. These conclusions were affected by several recent announcements. First, Huobi, one of the largest crypto exchanges, announced that it is looking at Turkey as its next expansion destination. Binance, another big name in the crypto exchange industry, has also released a recent statement in a Turkish media source, claiming that the country has the potential to become the crypto hub of the whole region. New Crypto Hub Several factors