Main page » Blockchain News » No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry
Blockchain News

No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry

No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry


Binance Blockchain Week Istanbul 2023 featured global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9. Business was conducted in the Turkish lira, a top trading pair on its platform. Although Binance CEO Changpeng “CZ” Zhao did not attend, the Binance c-suite and key executives from various sponsors made the event one of the most packed Web3 events in Istanbul’s history.

The event took place on the European side of Istanbul, with the venue offering a view of the Asian part of the city, the Bosphorus, and the connecting bridge. Unlike most events in Turkey where registration is not a problem, Binance Blockchain Week had tight security and sold out tickets for its over 2,000 international attendees.

The event provided keynotes and panels from prominent figures in blockchain, crypto, Web3, gaming, and entertainment for two days. The big announcement of Binance’s Web3 wallet was made at the event. Other firms and platforms, including Tron, Chiliz, Animoca Brands, Zignaly, Alchemy Pay, and Trust Wallet, were also represented.

Binance considered several cities before choosing Istanbul as the destination for its event, based on the city’s vibrant crypto community and high crypto adoption. Binance aims to engage users and maintain visibility across multiple forums and regions, making the event an essential part of its decentralized culture.

The event also featured local delicacies such as simit, Maras-style ice cream, and Turkish coffee. The declining local economy in Turkey is expected to accelerate crypto adoption. Binance’s efforts in compliance and regulatory frameworks for digital currencies were highlighted during the event.

Overall, Binance Blockchain Week Istanbul 2023 allowed the Turkish crypto and blockchain ecosystem to enhance its visibility globally. It showcased Turkey’s crypto ecosystem and is expected to attract more projects, investors, and crypto natives to the country.