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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...
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
The Case Of a Plunging Fiat Currency: Turkey's Struggling Lira
26.3.2021
Emre Tarim, Lecturer in Behavioural Sciences, Lancaster University.
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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...
The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches up
23.3.2021
The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar...
Turks Turn to Exploring Bitcoin, Ethereum, And Tether as Lira Plummets
22.3.2021
As Turkish lira (TRY) plummeted once again amidst massive economic uncertainty and opposing views over solutions, the country's citizens turned to Google to explore bitcoin (BTC) and other cryptoassets.
Looking at the interest in 'bitcoin' in the past seven days in Turkey, we see that it jumped...
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
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
19.10.2020
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing...
Binance Launches Fiat-Crypto Exchange for Turkish Market
9.9.2020
The new exchange, offering Turkish lira trading pairs, will be owned by Binance but operated by a locally registered company
Bitcoin Price Hits New All-Time High Against Turkish Lira
4.8.2020
As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy
No, Bitcoin Isn’t Trading for $15K in Lebanon After Currency Collapse
25.4.2020
While some media outlets are claiming that Bitcoins are trading for $15,000 in Lebanon, it would appear the actual price is closer to $7,850
Binance Users in Turkey Can Now Deposit and Withdraw TRY via Akbank Integration
2.3.2020
The competition for the Turkish cryptocurrency market appears to be heating up as Binance is the latest platform to launch a banking integration for the Lira (TRY). The global digital asset exchange is now open to direct transactions of local fiat from Akbank, one of the largest banks in Turkey....
Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for Turkey
30.1.2020
Blockchain.com has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on its trading platform. With this development users in Turkey no longer have to incur high fees and conversion rates from third-party payment...
Eastern Europe Sees More Fiat Options for Trading Crypto
12.1.2020
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...
Binance Launches New Trading Pairs With Turkish Lira & Russian Ruble
26.12.2019
Binance has announced the addition of four new trading pairs supported by two fiat currencies, namely Turkish Lira (TRY) and Russian Ruble (RUB). The newly included trading pairs are ETH/TRY, XRP/TRY, USDT/TRY, and USDT/RUB. Trading with these new pairs was kickstarted on December 25, 2019, at 8...
Binance Expands Trading for Turkish Lira Trading Pairs
25.12.2019
Binance users can now trade Turkish liras and Russian rubles against major stablecoin Tether
Binance Adds Support for Turkish Lira and Bitcoin, XRP, Ether Trading Pairs
15.11.2019
Binance has announced trading pairs for Bitcoin, Ether and XRP with the Turkish lira ahead of CEO Changpeng Zhao’s trip to the country
Turkey to Launch Digital Lira in the year 2020
6.11.2019
The Presidential Program circulated on November 3rd, stipulates that the initial trials of lira must be performed and completed by 2020 end, says the document published by the official national publication of Turkey, Resmi Gazet. History: 2018 marked a time of real bad currencies and worst debt...
President Erdogan: Turkey to Finish Testing Digital Lira in 2020
5.11.2019
Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020
Huobi Lira Onramp to Enable Crypto Trading for Turkish Users
18.10.2019
Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit