TRY deposit and withdrawal transactions on Cenoa are carried out by TR BNS, Cenoa’s local partner that is listed on the Capital Markets Board of Turkey (SPK) Temporary List of Crypto Asset Service Providers.
In Turkey, the licensing process for crypto asset service providers is still ongoing. For this reason, no platform — including TR BNS — has yet received a full license from the SPK. During this transition period, TR BNS operates in line with regulatory requirements and remains listed on the SPK’s temporary register.
For more detailed information, you can visit TR BNS’s official website.
Cenoa is a technology company that connects users with licensed, regulation-compliant financial partners with strong security protocols. Financial services and transactions are provided by these institutions; Cenoa does not directly provide financial services and is not a licensed financial institution. US accounts are opened at Lead Bank via Bridge (a Stripe company). TRY deposit and withdrawal transactions are carried out by TR BNS, which is listed on the temporary register of institutions operating under SPK KVHS regulations.