- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,188.10-0.06%
- INTEREST37.00%-1.00
- BITCOIN81,374-0.47%
- October 13, 202618°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,188.10-0.06%
- INTEREST37.00%-1.00
- BITCOIN81,374-0.47%
- October 13, 202618°
MKK starts publishing daily crypto market data
The Central Securities Depository (MKK) has begun sharing daily transaction, balance and investor data to boost transparency in the crypto asset market. The new system reveals a market size exceeding 140 billion lira, with 5.6 million investors having traded.
The Central Securities Depository (MKK) has launched a new application to increase transparency in Turkey's crypto asset market. Under the Crypto Asset Central Registry System (KVMKS), data obtained from crypto asset service providers will be shared with the public daily on the 'MKK Market Data' screen on MKK's website.
With the new application, transaction, balance, portfolio and investor data held on crypto asset platforms are being recorded under MKK's guarantee, while the infrastructure for detailed analysis and reporting on this data has also been activated.
Data will be updated daily
MKK will update the market data obtained through KVMKS every day after market close and make it available to investors. In the coming period, much more detailed crypto market data is planned to be shared via the MKK Data Analysis Platform (VAP).
MKK General Manager and Board Member Ekrem Arıkan stated that thanks to KVMKS, information on crypto assets not subject to a central registry system has been recorded since last year.
As MKK, in line with our responsibility as a Data Storage Institution and the public interest we uphold, we have started making this data available to all market participants within the framework of the transparency principle. Thus, we will ensure that the much-anticipated developments in the crypto markets are followed under MKK's guarantee.
5.6 million investors traded
According to MKK data, as of July 15, 53 crypto asset service providers have completed the membership process. While the number of investors who have traded on the platforms to date is approximately 5.6 million, the number of new investors receiving a registration number from MKK for the first time was recorded as 797,696.
The number of investors previously registered with MKK stood at approximately 4.8 million. Around 3.2 million of those investing in crypto assets are currently active investors with balances.
While approximately 1,500 different crypto assets are held in investor accounts, their current market value was calculated at 140 billion 760 million lira. MKK announced that this data will be automatically updated and shared with investors every day after market close.
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