Turkey
Turkey to Ban the Use of Crypto for Payments; Bitcoin Falls
The measure, to go into effect April 30, comes as the use of crypto had risen due to a plunge in the price of the lira.
Why is Crypto Booming in Turkey?
The Turkish lira's instability and recent plummet may not be the only thing making crypto thrive: a lack of regulations makes Turkey a very crypto-friendly nation. "The Hash" panel weighs in on crypto's role in Turkey and other countries experiencing economic turmoil.
McLaren Partners With Turkish Crypto Firm to Launch Formula 1 Fan Token
The McLaren token will be issued in the coming months on Bitci.com's native blockchain.
Crypto Is Not Regulated in Turkey, and It’s Thriving
Central bank instability tends to attract people to cryptocurrency. As the lira dropped on Monday, internet searches about cryptocurrencies spiked.
Turkish Lira Tumbles as Erdogan Axes Turkey’s Central Bank Chief
Turkish President Recep Erdogan fired the head of the country’s central bank. In the wake of the lira’s tumble, internet searches for “bitcoin” in Turkey have skyrocketed. “The Hash” panel weighs in on the increasing role of crypto in unstable economies.
Bitcoin Searches Spike in Turkey as Central Bank Chief Fired, Lira Plummets
Turks might be looking for bitcoin as a potential store of value against further currency weakening or as a hedge against inflation.
Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor
Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency.
Why Fiats Are Failing in 2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe
Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.
Binance Launches Fiat-Crypto Exchange for Turkish Market
The new exchange, offering Turkish lira trading pairs, will be owned by Binance but operated by a locally registered company.
