Dear Pundians,
Updates on XPOS services in Türkiye within the scope of the Law No. 6362 on Amendment of the Capital Markets Board Law (Law No: 7518) published in the Official Gazette on 02/07/2024.
As part of Pundi X’s commitment to regulatory compliance and transparency, we would like to inform XPOS merchants and the public about the changes affecting our services in Türkiye.
Pundi X and its Master Franchise OVO Dijital Servisler A.Ş. are closely observing cryptocurrency regulations in Türkiye and fully support the establishment of a regulatory framework to protect the integrity of the cryptocurrency ecosystem. Accordingly, we are taking the necessary steps to comply with current legal obligations in Türkiye.
In order to comply with the new cryptocurrency regulations, Pundi X and OVO will be terminating XPOS services to the merchants in Türkiye as of August 2, 2024. All marketing communication channels targeting residents in Türkiye via our social media channels and websites will be closed.
We understand that this decision may affect XPOS merchants in Türkiye. To ensure a smooth transition, XPOS merchants in Türkiye will withdraw all their cryptocurrencies from the platform until September 30, 2024. We kindly request all XPOS merchants to complete the withdrawal of their cryptocurrencies within the specified time frame to avoid any disruptions.
Here is the instruction of how to withdraw from your merchant portal.
We assure all XPOS merchants that their funds are secure and withdrawal functions will remain accessible throughout this period. For any further assistance or questions, please contact contact@pundixturkiye.com.
Thank you for your cooperation and continued trust in Pundi X.
Sincerely,
The Pundi X Team
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