Fintech startup Mesh has partnered with Turkish crypto exchange Paribu to improve user access to seamless payments in the crypto market in Turkey. Paribu will serve as Mesh's sole official exchange partner in the region, allowing users to access Mesh's connectivity layer with various platforms, including self-custodial wallets like MetaMask. This partnership is significant as Turkey ranks 11th globally in cryptocurrency adoption. The collaboration aims to simplify the user experience and eliminate the need for long crypto addresses and QR codes. The government of Turkey has decided not to impose taxes on profits from cryptocurrency or stock trading this year, indicating a more favorable regulatory environment for the crypto sector. The partnership is expected to enhance the interconnectedness of the global cryptocurrency ecosystem. Mesh, founded in 2020, secured $22 million in a Series A funding round in September 2023 and is backed by investors such as PayPal Ventures.



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