Turkey – DIGIT INFO

Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand

DIGIT — Thu, 04 Jun 2026 02:30:09 +0000

RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto Users Ripple said its USD-backed stablecoin, RLUSD, is […]

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Ripple Eyes Turkey’s $200B Crypto Boom and 4x UAE Lead

DIGIT — Mon, 01 Jun 2026 01:30:11 +0000

Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Turkey’s Crypto Adoption Surge Signals a Larger Regional Shift Ripple Senior Executive Officer and Managing […]

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Turkey’s 8-Day Betting Blitz Hits 670+ Suspects as Crypto Rails Surface in Adana Probe

DIGIT — Tue, 19 May 2026 22:01:57 +0000

Turkish authorities have taken legal action against 233 more illegal betting suspects in Antalya and Mersin operations announced Monday, pushing the eight-day enforcement tally past 670 across four major raids. The earlier Adana investigation that arrested pro-government commentator Rasim Ozan Kütahyalı named cryptocurrency platforms among the alleged laundering channels. Antalya and Mersin Operations Extend 8-Day […]

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Report: Turkish Central Bank Considers Tapping Gold Reserves to Defend Lira

DIGIT — Wed, 25 Mar 2026 07:30:58 +0000

The Central Bank of the Republic of Turkey is reportedly preparing an expanded toolkit including gold-for-foreign currency swaps to stabilize the lira amid Iran war and high inflation. The Central Bank of the Republic of Turkey (CBRT) is holding private discussions to utilize its vast gold reserves to counter currency volatility linked to the ongoing […]

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OKX Adds Over 20 Equity Perpetual Swaps for Global Stock Exposure

DIGIT — Tue, 24 Mar 2026 11:30:39 +0000

OKX introduces equity perpetual swaps allowing traders in eligible global markets to trade major stocks 24/7 using cryptocurrency as margin. On March 24, 2026, OKX launched over 20 equity perpetual swaps for traders across Asia, Latin America, Türkiye, and the CIS (Commonwealth of Independent States) region. These USDT-denominated contracts enable real-time exposure to the “Magnificent […]

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Ripple Sees Tremendous Traction With Africa and Turkey Fueling Flows

DIGIT — Sun, 30 Nov 2025 02:30:54 +0000

As inflation and currency turmoil intensify across Sub-Saharan Africa and Turkey, crypto use is surging, signaling a pivotal shift that is fueling new momentum for Ripple’s expanding foothold in these rapidly evolving markets. Ripple Confirms Tremendous Traction as Africa and Turkey Reshape Demand Ripple executive Reece Merrick shared earlier this week on social media platform […]

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Thodex Founder Found Dead in Prison Amid Massive Crypto Fraud Scandal

DIGIT — Mon, 03 Nov 2025 03:30:19 +0000

Turkey’s crypto landscape is reeling after the shocking prison death of the Thodex founder, a figure at the center of the country’s largest-ever digital asset fraud case, reigniting fierce debate over investor trust and crypto oversight. Thodex Scandal Resurfaces After Founder Found Dead in Tekirdağ Prison The death of one of Turkey’s most controversial cryptocurrency […]

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Turkey Proposes Expanded Powers for Financial Watchdog to Freeze Accounts, Blacklist Crypto Wallets

DIGIT — Tue, 30 Sep 2025 22:20:53 +0000

The Turkish government is set to empower its financial crime watchdog with new authority to freeze or restrict access to bank and cryptocurrency accounts. Alignment with Global Standards The Turkish government is reportedly preparing to grant its financial crime watchdog, the Financial Crimes Investigation Board (MASAK), new authority to freeze or restrict access to both […]

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$311B Worth of Pillow Gold: Türkiye Household Gold Hoard Dwarfs Central Bank Reserves

DIGIT — Mon, 07 Jul 2025 13:30:36 +0000

Turkish households hold an estimated $311 billion worth of unregistered physical gold outside the formal financial system, a massive stockpile far exceeding the central bank’s official reserves. Beyond Banks: Türkiye Citizens Hold $311B in Physical Gold According to central bank estimates cited by Onur Erdogan for Türkiye Today, this “under-the-pillow” gold, calculated as of the […]

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Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

DIGIT — Wed, 19 Mar 2025 14:30:14 +0000

The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu. The country’s benchmark stock index, the BIST 100, dropped by as much as 7% in response to the news, which has raised concerns about political […]

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