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KuCoin report shows which coins Turkish investors are using to fight inflation
Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companieThe post KuCoin report shows which coins Turkish investors are using to fight inflation appeared first on AMBCrypto. дальше »
2022-1-16 03:30 | |
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Turkey embraces Bitcoin and Tether as the lira keeps spiraling down
The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value. The post Turkey embraces Bitcoin and Tether as the lira keeps spiraling down appeared first on CryptoSlate. дальше »
2022-1-13 14:30 | |
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Binance Troubles Enters Xmas, Exchange Fined 8M Lira over Multiple Infringements
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). дальше »
2021-12-27 16:51 | |
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The “Death Of The Lira” Is Fueling A Massive Spike In Bitcoin, USDT Activity In Turkey
The Turkish Lira is in sharp decline, at less than half its value against the dollar. President Erdogan seems determined to keep cutting interest rates despite falling values. Turks have turned to Bitcoin and USDT to hedge against the crippling effects of inflation. дальше »
2021-12-24 10:29 | |
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Short-Squeeze into Year End? JPMorgan Says Market and Retail Investors Showing Resilience
Bitcoin continues to trade under $47,000, not showing any strength yet. While BTC is currency down 32% from its all-time high of $69,000, the cryptocurrency is near its ATH against the Turkish Lira. дальше »
2021-12-19 20:57 | |
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Turkish Lira Crashes To An ‘Insane’ Historic Low After President Erdogan Declared ‘Full-Scale War’ On Crypto
Pardon the Oxymoron but it looks like Turkey’s president’s displaced relationship with cryptocurrencies may have come home to roost. Turkish Lira Free-Falls, President To Blame While Turkey’s leader might have resentment towards cryptocurrencies, it faces an even bigger problem according to Bluebay Asset Management’s Timothy Ash. дальше »
2021-11-24 23:16 | |
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Dollar Sends Warning Signs for Risky Assets including Bitcoin and Crypto
USD rallying to new 2021 highs is also putting pressure on emerging market currencies with the Turkish lira devaluation since September resulting in strong growth in BTC-TRY trade volumes. The post Dollar Sends Warning Signs for Risky Assets including Bitcoin and Crypto first appeared on BitcoinExchangeGuide. дальше »
2021-11-23 16:31 | |
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Blockchain Wave Conference will take place on November 6
For the second time in a year, Turkish organizers are preparing the Blockchain Wave crypto conference. They are Lead Volume agency and Centex crypto-exchange, that do it this time with the support of the Turkish exchange AlpTurk. дальше »
2021-9-30 17:12 | |
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Turkey’s President Declares Full-Scale War On Cryptocurrencies
The fear of an increased crypto regulation mounts as the Turkish President declares war on cryptocurrencies. This announcement will have a negative effect on the market that is battling with falling asset prices. дальше »
2021-9-26 20:14 | |
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President Of Turkey Announces War Against Cryptocurrencies
As of 2020, Turkey had high crypto adoption rates. Statistics showed that the country had one of the highest exposures to cryptocurrencies worldwide. The polls indicated that about 16% of Turkish citizens had used or owned cryptocurrencies. дальше »
2021-9-20 18:50 | |
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Turkish Central Bank Creates Platform to Research Benefits of Launching the Digital Lira
The central bank of Turkey (TCMB) has created a Digital Turkish Lira Collaboration platform to expand its research into the potential benefits of launching a digital currency. According to Reuters, the apex bank made this development known in a statement on Wednesday, September 15, 2021. дальше »
2021-9-16 23:00 | |
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Turkish central bank taps local tech firms for digital currency R&D
The Central Bank of the Republic of Turkey has signed agreements with various firms to form the Digital Turkish Lira Collaboration Platform. дальше »
2021-9-15 16:31 | |
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Afghan Computer Engineer, Who Wanted to Mine Bitcoin and Ethereum, Flees Taliban, Gets Arrested in Turkey
A computer engineer from Afghanistan, who planned to start mining Bitcoin and Ethereum, was forced to flee the country on foot and was arrested by the Turkish police дальше »
2021-8-25 12:44 | |
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Gold-backed digital tokens to hit Turkish market following new partnership
The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens.
дальше »2021-6-9 12:39 | |
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Spain’s national soccer team to launch fan token on Turkish platform
La Roja is launching a fan token in partnership with Turkish blockchain platform Bitci Technology.
дальше »2021-5-10 15:14 | |
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Turkish Government Requiring Exchanges To Report Bitcoin Trades Over $1,200
Turkey is instituting a reporting requirement for large trades, including bitcoin, from cryptocurrency exchanges. дальше »
2021-5-8 18:57 | |
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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […] дальше »
2021-5-3 10:30 | |
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Turkey Jails 6 People as Police Widen Search for Missing Cryptocurrency Exchange CEO Accused of Exit Scam
Turkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers from withdrawing their funds. дальше »
2021-5-1 21:30 | |
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Turkey considers crypto regulation following the collapse of two exchanges
Turkish authorities are planning to start regulating the cryptocurrency space in the country after two local crypto exchanges allegedly conducted an “exit scam” within a week, as per a report on business news outlet Bloomberg yesterday. дальше »
2021-4-29 00:00 | |
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Turkish Govt. Planning to Establish a Central Custodian Bitcoin Bank to Remove Counterparty Risk
Turkey is now planning to regulate its cryptocurrency market after two exchanges Thodex and Vebitcoin’s collapse in a matter of days. According to a senior official familiar with the plans, the government is planning to establish a central custodian bank to eliminate counterparty risk, reported Bloomberg. дальше »
2021-4-29 18:13 | |
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Turkey Looking To Establish Central Bitcoin Custodian Bank Following The Sudden Collapse Of Two Crypto Exchanges
The last week has been an interesting one in the Turkish crypto space. Two of the biggest exchanges in the country, Vebitcoin, and Thodex shut down following allegations of mismanagement and a change in the current financial landscape. дальше »
2021-4-28 15:18 | |
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Cryptocurrency exchanges close in Turkey amid ban on cryptocurrency payments
Turkish crypto exchange Vebitcoin announced the termination of operations. It is the second Turkish crypto trading platform to crash after the country's Central Bank banned the use of cryptocurrency as a payment method in early April. дальше »
2021-5-2 13:45 | |
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Country in Chaos: Second Turkish Crypto Exchange Collapses Amid Accusations of Fraud
Vebitcoin crypto exchange based in the southwestern city of Mugla, Turkey, has gone offline. The company’s website home page refers to recent developments that have forced them to cease trading. дальше »
2021-4-27 03:00 | |
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Turkish Lira Volatility Raises Banking Sector Concerns Ahead of Bitcoin Regulations
Speculation is hot on Turkish Lira (TRY) currently with it seeing significant volatility as it touched 8.5 to the dollar. It quickly dropped within minutes down to 8.28, bouncing off... дальше »2021-4-27 20:24 | |
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2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. дальше »
2021-4-26 00:30 | |
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Turkish Cryptocurrency Exchange Vebitcoin Has Accounts Blocked Following Financial Strains
Turkish cryptocurrency exchange Vebitcoin has had its onshore bank accounts blocked following recent news that the exchange is battling through financial strains. The post Turkish Cryptocurrency Exchange Vebitcoin Has Accounts Blocked Following Financial Strains appeared first on BeInCrypto. дальше »
2021-4-25 20:15 | |
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Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with the case. Crypto Exchange Accused […] дальше »
2021-4-24 16:30 | |
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Turkey Crypto Investors Suffer Another Fatal Blow After Second Exchange Suddenly Goes Offline With Customers’ Funds Locked
Turkish cryptocurrency exchange Vebitcoin has unexpectedly closed down, raising alarm bells among customers. This is the second crypto trading platform in Turkey to suddenly shut down all trading and fund withdrawals this week. дальше »
2021-4-24 15:17 | |
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Crypto Takes Another “L” as Turkish Exchange Founder Runs With $2bn in User Funds
Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment. дальше »
2021-4-24 03:00 | |
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62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’
Turkish police have detained 62 people across eight provinces in connection to an ongoing investigation into local crypto exchange Thodex going dark, news agency Associated Press reported today. The post 62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’ appeared first on CryptoSlate. дальше »
2021-4-24 19:00 | |
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Thodex exchange: Turkey detains 62 suspects for further investigation
Users of the Turkish crypto exchange Thodex were unable to reclaim the investments they had made, as the exchange had abruptly halted trading without prior notice, locking up the funds of its 391,000 The post Thodex exchange: Turkey detains 62 suspects for further investigation appeared first on AMBCrypto. дальше »
2021-4-23 14:30 | |
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