Turkey

Turkey’s Crypto Embrace: Impending Legislation Promises Regulatory Clarity

Turkey is set to introduce landmark legislation regulating its booming cryptocurrency market.The new law aims to help Turkey exit the FATF "gray list" by...

Turkey Advances Crypto Regulations in Bid to Exit FATF Gray List

KEY TAKEAWAYS:Turkey's new crypto laws aim to address FATF gray list concerns.The gray list warns of needed improvements in anti-money laundering protocols.Turkish government focuses...

Turkey’s Soaring Inflation Drives Surge in Cryptocurrency Adoption

According to the official data published yesterday, the annual inflation rate in Turkey surged to 58.94% in August due to the devaluation of the...

Turkish Citizens Seek Shelter in Tether Amid Collapsing Lira

Citizens in Turkey are turning to cryptos as a refuge against the collapsing lira, Bloomberg reports.Local demand for Tether, surged in early May ahead...

Turkey: Inflation Rose To 85.51%

Inflation puts pressure on households and businesses in most economies of the world. One country though, has linked its name to outrageous inflation.The country...

Russia’s “hidden” weapon against sanctions: parallel system of international payments based on cryptos

In what way will Russia not be cut off from the international payment systems in the midst of the paranoid sanctions of the West...

Turkey: 68 Arrests Regarding Thodex Scandal

Turkish police arrested 68 people as part of their investigation into a cryptocurrency trading platform after thousands of Turks said they were victims of...

Turkey bans crypto payments, bitcoin falls accordingly

According to Financial Times, Turkey's central bank has decided to prohibit the usage of cryptocurrencies such as Bitcoin in exchange for goods and services,...

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Trump Plans U.S. Bitcoin Strategic Reserve, Sending Crypto Past $100,000

Trump announces plans to establish a U.S. Bitcoin strategic reserve, pushing Bitcoin Price above $100,000. MicroStrategy's Michael Saylor presents framework...

Bitcoin Hits Record $108K Before Fed-Driven Pullback to $92K

Bitcoin reached a record high of $108,000 on December 17, before retreating to $92,000 by December 20. Federal Reserve's smaller-than-expected...

Trump Allies Push Bitcoin Reserves Plan as Three US States Join Crypto Treasury Race

Three U.S. states propose legislation to establish Bitcoin reserves in their treasuries. Pennsylvania's proposal allows for investment of up to...

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