Thodex has gone silent since announcing a halt in trading and withdrawals.
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Thodex has gone silent since announcing a halt in trading and withdrawals.
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A blanket ban on crypto, Bitcoin is now also a talking point for Turkey’s politicians.
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Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges.
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Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira.
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Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight.
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While the announcement came as a surprise to some, a digital Lira has been in the works since 2019
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Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened.
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Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions.
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