turkey bitcoin – DIGIT INFO

Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report

DIGIT — Tue, 31 May 2022 08:30:05 +0000

Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last week, citing two unnamed Turkish officials familiar with the […]

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Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, Metaverse

DIGIT — Fri, 28 Jan 2022 03:30:36 +0000

The president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish President Wants the Ruling Party to Study Crypto and the Metaverse Turkish President Recep Tayyip […]

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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

DIGIT — Sun, 02 May 2021 07:30:37 +0000

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 […]

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Turkey Jails 6 People as Police Widen Search for Missing Cryptocurrency Exchange CEO Accused of Exit Scam

DIGIT — Fri, 30 Apr 2021 18:30:13 +0000

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. Search Widens for CEO of Crypto Exchange […]

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Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low

DIGIT — Sun, 18 Oct 2020 22:30:51 +0000

People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing in Turkey as the local currency, the Turkish lira, hit […]

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