Turkey
Turkey's ruling party unveils 10% crypto income tax proposal
The bill proposes a 10% tax on gains from regulated crypto platforms, withheld quarterly, with the president having the power to adjust the rate between 0% and 20%.
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
Turkish Crypto Exchange BtcTurk Witnesses $48M of Suspicious Outflows Amid Hack Fears
Blockchain sleuths flagged suspicious multi-chain transfers from the Turkish exchange, prompting a suspension of deposits and withdrawals.
Can Bitcoin Benefit From Trump Firing Powell? Turkey's Lira Crisis May Provide Clues
Turkey's President Erdogan's experience with central bank interference serves as a warning, as it led to a currency collapse and increased investment in bitcoin and stablecoins.
Erdogan Rival's Arrest Sends Lira to Record Low, Bitcoin-TRY Volume Surging on Binance
Binance's BTC/TRY pair sees increased trading activity as the move sends the lira crashing.
Crypto Custodian Taurus Expands Footprint to Turkey Through BankPozitif Collaboration
Turkey's economic woes have buoyed crypto adoption in recent years as users have turned to cryptocurrency as a lifeline against double-digit inflation
Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
"We don’t have a stocks tax on our agenda," Vice President Cevdet Yilmaz told Bloomberg, including the country's plans that also affect crypto.
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.
How the Bitcoin Halving Could Affect Network Security
After the block reward drops to 3.125 bitcoins, miners could power down their less efficient machines.
