Search

Nalezeno "Turkey": 337

Turkey may establish central custodian bank following alleged fraud at two major exchanges

27.4.2021
Vebitcoin CEO Ilker Bas is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania

Turkey Prepares Crypto Regulations Amid 'Disturbing' Money Outflows

26.4.2021
Turkish crypto investors were given a respite of sorts on Friday, with the new Governor of the country’s central bank stating that he would not seek to carry out a total crypto ban – although far-reaching crypto regulations might be unveiled by early May. The Governor, Şahap Kavcıoğlu,...

2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments

25.4.2021
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with...

Four arrested after Turkish exchange Vebitcoin closes its doors

24.4.2021
The arrested employees, including directors, are suspected of fraud

Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds

24.4.2021
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with...

Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud

23.4.2021
After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more

Turkish crypto exchange halts trading amid reports of police raid

22.4.2021
Thodex has gone silent since announcing a halt in trading and withdrawals

Crypto payments banned in Turkey — Is this just the beginning?

20.4.2021
Turkey’s vibrant ecosystem took a hit from the new crypto payments ban, and industry participants speak out on potential implications

Bitcoin caught in the crossfire as Turkish opposition leader voices support

16.4.2021
A blanket ban on crypto is now also a talking point for Turkey's politicians

Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges

16.4.2021
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can...

Turkey to ban cryptocurrency payments

16.4.2021
Turkey's central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges

Turkey Bans Crypto Payments

16.4.2021
Turkey’s central bank banned the use of cryptoassets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions, Reuters reported. Also, the bank said that these assets were “neither subject to any regulation...

The Case Of a Plunging Fiat Currency: Turkey's Struggling Lira

26.3.2021
Emre Tarim, Lecturer in Behavioural Sciences, Lancaster University. ____ The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the US dollar to over 8.28, before settling just below 8.00. This came on the back of a midnight decree...

Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%

22.3.2021
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira

Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

16.3.2021
A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment...