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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
Microstrategy CEO Advises Nigeria and Zimbabwe to Adopt Bitcoin Standard, Says BTC Is ‘Kingmaker’
19.10.2021
Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed...
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...
‘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...
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 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...
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...
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...