The post Paribu Acquires CoinMENA for $240M, Expands to MENA Region appeared on BitcoinEthereumNews.com. Key Points: Paribu acquires CoinMENA for $240M to access MENA region. This is Turkey’s largest fintech acquisition to date. The acquisition facilitates Paribu’s entry into regulated markets. CoinMENA, a cryptocurrency exchange in the MENA region, has been acquired by Turkish platform Paribu for $240 million, marking Turkey’s largest fintech acquisition to date. This acquisition grants Paribu regulated access to MENA markets, strengthening its presence amid increasing crypto adoption in Turkey and the Middle East. Paribu’s $240M Acquisition: A Strategic Leap into MENA Paribu, led by CEO Yasin Oral, acquired CoinMENA, obtaining licenses from VARA and CBB. This strategic action allows them to serve the crypto-adoptive MENA market. CoinMENA operates with over 1.5 million users across 45 countries. Paribu, established as Turkey’s leading digital asset platform, secures regional presence through this acquisition. The transaction emphasizes expansion into regulated markets. Paribu desired broader geographic reach with regulatory compliance, highlighting MENA’s attractiveness for digital asset strategies. CoinMENA’s local expertise aligns well with Paribu’s ambitions, promising a comprehensive suite of digital asset services in the region. “This transaction is a turning point not only for Paribu but also for the digital asset and broader finance ecosystem in Türkiye and the MENA region. With this acquisition, we have expanded our licensed operations to a wider geography, becoming a regulated player in one of the world’s most crypto-adoptive markets. We are proud to be leading Türkiye’s largest fintech acquisition and its first international digital asset platform deal.” – Yasin Oral, Founder and CEO, Paribu Historical Significance and Future Prospects in Crypto Expansion Did you know? Historically, Paribu’s acquisition of CoinMENA is Turkey’s first cross‑border digital asset platform deal, marking a pivotal movement in the regional fintech landscape. Bitcoin (BTC) is priced at $89,553.34 with a market cap of $1.79 trillion and a 58.58% market dominance. Over… The post Paribu Acquires CoinMENA for $240M, Expands to MENA Region appeared on BitcoinEthereumNews.com. Key Points: Paribu acquires CoinMENA for $240M to access MENA region. This is Turkey’s largest fintech acquisition to date. The acquisition facilitates Paribu’s entry into regulated markets. CoinMENA, a cryptocurrency exchange in the MENA region, has been acquired by Turkish platform Paribu for $240 million, marking Turkey’s largest fintech acquisition to date. This acquisition grants Paribu regulated access to MENA markets, strengthening its presence amid increasing crypto adoption in Turkey and the Middle East. Paribu’s $240M Acquisition: A Strategic Leap into MENA Paribu, led by CEO Yasin Oral, acquired CoinMENA, obtaining licenses from VARA and CBB. This strategic action allows them to serve the crypto-adoptive MENA market. CoinMENA operates with over 1.5 million users across 45 countries. Paribu, established as Turkey’s leading digital asset platform, secures regional presence through this acquisition. The transaction emphasizes expansion into regulated markets. Paribu desired broader geographic reach with regulatory compliance, highlighting MENA’s attractiveness for digital asset strategies. CoinMENA’s local expertise aligns well with Paribu’s ambitions, promising a comprehensive suite of digital asset services in the region. “This transaction is a turning point not only for Paribu but also for the digital asset and broader finance ecosystem in Türkiye and the MENA region. With this acquisition, we have expanded our licensed operations to a wider geography, becoming a regulated player in one of the world’s most crypto-adoptive markets. We are proud to be leading Türkiye’s largest fintech acquisition and its first international digital asset platform deal.” – Yasin Oral, Founder and CEO, Paribu Historical Significance and Future Prospects in Crypto Expansion Did you know? Historically, Paribu’s acquisition of CoinMENA is Turkey’s first cross‑border digital asset platform deal, marking a pivotal movement in the regional fintech landscape. Bitcoin (BTC) is priced at $89,553.34 with a market cap of $1.79 trillion and a 58.58% market dominance. Over…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more