Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the adoption of crypto technologies.
COPA aims to abolish patents as it's perceived as an obstacle to innovations within the sector. The nonprofit favors a more communal approach when it comes to intellectual property. Its members include prominent crypto firms like prominent firms like Coinbase, Block and Aquarius.
Apart from crypto-native companies, firms like MicroStrategy and Meta have also joined COPA. The firms pledged to keep public patents on crypto and blockchain tech to stay accessible to the public.
According to Özgür Güneri, the CEO of BtcTurk, as a way to improve the crypto ecosystem, the firm decided to join COPA and donate some funds to the nonprofit to help with its work. Güneri explained that the nonprofit plays a significant role in protecting technologies within crypto, especially with...
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