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Ava Labs and EV maker Togg to build smart contract-based mobility services
8.1.2022
The partnership aims to fast-track Togg’s Use-Case Mobility initiative, which involves producing cars with more functionalities as compared to traditional EVs
Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins
3.1.2022
The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey...
Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits
2.1.2022
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability...
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
27.12.2021
The year past saw some fundamental transformations in the relationship between state power and the digital asset space
Binance Gets an Approval from Bahrain and a Fine from Turkey + More News
27.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Binance Gets an Approval from Bahrain and a Fine from Turkey + More News
Binance Fined $750K in Turkey for AML Violations
27.12.2021
Binance was recently fined in Turkey for violating the region’s anti-money laundering laws. The exchange has to pay 8 million Lira, equalling around 750,000 dollars for the violation. MASAK, the Financial Crimes Investigation Board of Turkey, audited the case. The fine equals the highest possible...
Binance Turkey fined 8M lira for non-compliance against money laundering
26.12.2021
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law
Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira
26.12.2021
Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees...
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
25.12.2021
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira's falling value
Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million
22.12.2021
The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira...
Bitcoin hits $49K as BTC price gets unlikely boost from Erdogan's Turkish lira tinkering
21.12.2021
The man who declared "war" on crypto in September helps fuel snap overnight gains
Bitcoin wobbles below $46K as 1 BTC passes 800K Turkish lira for the first time
20.12.2021
Bitcoin price weakness is arguably only welcomed by those who chose it over saving in lira this week
Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall
23.11.2021
Turkish Bitcoin holders avoid what an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day
Major Turkish Crypto Exchange Coinzo Shuts Down
12.10.2021
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s...
Chinese blockchain project BSN expands to Turkey and Uzbekistan
11.10.2021
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal
Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan
21.9.2021
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip...
‘We are at war’ with crypto, says Turkish President Erdoğan
20.9.2021
The Turkish government’s plans for cryptocurrencies draw a stark contrast to its central bank digital currency intentions
Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform
16.9.2021
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital...
Turkish central bank taps local tech firms for digital currency R&D
15.9.2021
The Central Bank of the Republic of Turkey has signed agreements with various firms to form the Digital Turkish Lira Collaboration Platform
Dogecoin Scam Investigated in Turkey After Founder Allegedly Stole 350 Million DOGE From Investors
29.8.2021
Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul...