Turkey

Law Firm Prepares Legal Challenge Against Turkey’s Cryptocurrency Payment Ban

A prominent law firm is preparing legal action against Turkey's recent ban on cryptocurrency payments, defending the rights of digital asset users. Turkey's prohibition has...

Crypto Custody Firm Taurus Expands to Serve Turkey’s BankPozitif

Taurus, a cryptocurrency custody firm with clients like Deutsche Bank and State Street, has expanded into Turkey through a partnership with BankPozitif.This marks the...

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...

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Senate Gridlock Stalls Stablecoin Legislation, Compromise Urged

Democrats seek stronger anti-money laundering rules, while Republicans push for faster industry growth. Policymakers have not included measures...

Senate Stablecoin Bill Advances Despite Tech Giant, Trump Concerns

The U.S. Senate is considering a revised draft bill to regulate stablecoin issuers. Key Democratic concerns focus on possible conflicts...

Bitcoin Depot Swings to $12M Profit, Shares Jump 22% Despite Slump

Bitcoin Depot reported a Q1 profit of $12.2 million, reversing a $4.2 million loss from the previous year.The company’s...

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