Golden Finance reported that Coinbase has withdrawn its pre-application to enter the Turkish crypto market, and QNB Digital Assets, a subsidiary of Turkey’s QNB Bank, has also withdrawn its application. According to previous news, the Turkish Capital Market Commission (SPK) stated that since the regulatory update on August 9, the number of companies applying for encryption licenses has increased from 47 to 76, including new companies such as Coinbase, KuCoin and Gate.io.