Vibe killers: Here are the countries that moved to outlaw crypto in the past year
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools. Go to Source Powered by WPeMatico
Turkey
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Turkish and Salvadoran presidents meet, Bitcoiners left disappointed
The Turkish President welcomed Nayib Bukele to Ankara for an official state visit. Anyone expecting a Bitcoin talk left disappointed. Go to Source Powered by WPeMatico
Turkish ruling party holds meeting in metaverse, talks crypto regulation
Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting. Go to Source Powered by WPeMatico
Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain industry. Turkey to Establish Regulatory … Read more
Ava Labs and EV maker Togg to build smart contract-based mobility services
The partnership aims to fast-track Togg’s Use-Case Mobility initiative, which involves producing cars with more functionalities as compared to traditional EVs. Go to Source Powered by WPeMatico
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
The year past saw some fundamental transformations in the relationship between state power and the digital asset space. Go to Source Powered by WPeMatico
Binance Turkey fined 8M lira for non-compliance against money laundering
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law. Go to Source Powered by WPeMatico
Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira
Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready’ Turkish President Recep Tayyip Erdoğan said … Read more
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira’s falling value. Go to Source Powered by WPeMatico
Bitcoin hits $49K as BTC price gets unlikely boost from Erdogan’s Turkish lira tinkering
The man who declared “war” on crypto in September helps fuel snap overnight gains. Go to Source Powered by WPeMatico