Turkish crypto exchange halts trading amid reports of police raid
Thodex has gone silent since announcing a halt in trading and withdrawals. Go to Source Powered by WPeMatico
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Bitcoin caught in the crossfire as Turkish opposition leader voices support
A blanket ban on crypto, Bitcoin is now also a talking point for Turkey’s politicians. Go to Source Powered by WPeMatico
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. … Read more
Turkey to ban cryptocurrency payments
Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges. Go to Source Powered by WPeMatico
Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira. Go to Source Powered by WPeMatico
Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages
A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istambul police cracked down a fake “crypto investment … Read more
Turkish finance ministry to study cryptocurrency with local regualtors
Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight. Go to Source Powered by WPeMatico
Amid inflation woes, Turkey announces CBDC tests planned for 2021
While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 Go to Source Powered by WPeMatico
How did the Turkish crypto ecosystem survive 2020?
Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened. Go to Source Powered by WPeMatico
Venezuela ramps up Bitcoin payments for imports from Iran and Turkey
Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions. Go to Source Powered by WPeMatico