Turkish Lira becomes top crypto trading pair on Binance in Sept 2023
Turkish Lira accounted for 75% of all fiat volume in early September, which can be tied to the recent influx of crypto investors in the Turkish market. Go to Source
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Turkey aims to shed FATF gray list status with new crypto regulations
Finance Minister Simsek reportedly stated that the sole outstanding technical compliance matter is crypto assets. Go to Source
Turkey plans to craft crypto framework in 2024
The Presidential Annual Programm for 2024 sets an aim to finalize the crypto regulations in the country within the next year. Go to Source
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023. Go to Source
Islamic finance and Web3 take stage at Istanbul Blockchain Week
Istanbul Blockchain Week made some necessary modifications this year to reflect the change in the overall crypto market. Go to Source
Thodex CEO sentenced to Turkish prison for failure to submit tax documents
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books. Go to Source Powered by WPeMatico
How could the Chinese economic crisis impact Bitcoin and crypto?
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. Go to Source Powered by WPeMatico
Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023
At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space. Go to Source Powered by WPeMatico
Central Bank’s Gold Purchases Make ‘Record Breaking Start’ in Q1 2023; 228.4 Tonnes Added to World Reserves
Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest report of the World Gold Council (WGC), the global gold statistics organization. Central banks added nearly 230 tonnes of gold to their national reserves, representing a 176% rise compared to the purchases made in Q1 2022. World … Read more
Fugitive Crypto Exchange Founder Faruk Ozer Extradited to Turkey
Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto entrepreneur disappeared after his trading platform unexpectedly went offline in the spring of 2021 and was arrested last year by Albanian law enforcement. Albania Hands Over Alleged Crypto Fraudster to Turkish Authorities … Read more
