Turkey


Finance

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.

Yasin Oral, Founder and CEO of Paribu (center) and Dina Sam’an (left) and Talal Tabbaa (right), Co-Founders of CoinMENA (Paribu, modified by CoinDesk)

Finance

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.

Hacker sitting in a room

Markets

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.

Trump is playing with fire. (RonaldPlett/Pixabay)

Markets

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.

Turkey flag. (kirill_makes_pics/Pixabay)

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Finance

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

From left to right: Lamine Brahimi, Co-Founder and Managing Partner; Dr. Jean-Philippe Aumasson, Co-Founder and CSO; Oren-Olivier Puder, Co-Founder and Chairman; Sébastien Dessimoz,  Co-Founder and Managing Partner (Taurus)

Policy

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.

(Getty Images)

Policy

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.

(Getty Images)

Policy

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.

Turkish Flag Turkey (Unsplash)

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Opinion

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.

a cleaver chops a lemon in half

Finance

Crypto Exchange OKX Enters Turkey as Part of Global Expansion Plan

OKX President Hong Fang says there is a high demand for crypto in the country.

Turkey flag. (Michael Jerrard/Unsplash)

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