Crypto Gustodian Taurus extends the Turkey’s imprint thanks to the collaboration of Bankpozitive

The cryptocurrency guard company Taurus, which has Deutsche Bank and State Street among its customers, has expanded its footprint to Turkey.

Taurus is now providing childcare services in Bankpozitive, based in Istanbul, marking the first time that a Turkish bank has implemented the infrastructure of digital assets of institutional quality, according to an announcement sent by email on Tuesday.

In addition to the implementation of the Taurus flagship guard tool, the bank will also use its “Explorer” service, which provides a blockchain node and an indexing infrastructure, allowing it to connect to public and authorized blockchains.

Turkey represents an exciting market for the bull, according to the co-founder Lamine Brahmi, which cited the “high adoption rate of the country, the increase in institutional interests and constructive regulatory frameworks”, as ideal conditions for the bank of digital assets.

Economic problems in Türkiye have undergone the adoption of cryptography in recent years, users, users have turned to cryptocurrency as a two-digit inflation buoy.

Read more: The Taurus guard company is associated with temenos bringing crypto portfolios to thousands of banks

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