No License for PayPal in Turkey, 45% Say Bitcoin ‘The Future’A statement on the company’s Turkish website states that from June 6 no further transactions would be fulfilled, and that customers should withdraw funds to banks in the meantime.
“We want to indicate that PayPal’s priority has always been customers,” the statement reads. “We did however encounter local regulatory agency rejections of our license applications and therefore have to apply the relevant steps in accordance with the instruction to stop our activities in Turkey, a decision we regret to make.
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