Turkey

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Eastern Europe Sees More Fiat Options for Trading Crypto

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The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors, looser regulations and weaker associations creates better conditions for new industries to develop there. Along … Read more

Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar

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In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. … Read more

Turkey Prepares to Increase Oversight in the Crypto Space

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Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized crypto assets among Turks. Also read: Uzbekistan Bans Citizens From Buying Crypto, … Read more

Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency

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At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim countries. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, … Read more