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Turkey News

Turkey is a southwestern Asian country with a population of 80 million people and an area of 783 thousand kilometers. Turkey is a big and influential developed economy with the 17th largest nominal GDP and has a leading position in exports of such goods as agricultural products, vehicles, construction materials and consumer electronics. The strongest companies in Turkey are mostly from financial, telecommunication and construction industries. The Turkish banking sector is one of the most robust and widespread financial sectors in the Middle East. Bitcoin is not regulated in Turkey. Turkish authorities don’t consider Bitcoin to be a currency or electronic money. However, Bitcoin is pretty popular in Turkey, as both its usage and demand are growing. The Turkish lira-Bitcoin exchange BTCTurk offers the exchange of Bitcoin and foreign currency in the Istanbul airport in Bitcoin ATMs.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Vebitcoin CEO İlker Baş is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania.

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

2021-04-27T20:00:00+01:00

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

Four arrested after Turkish exchange Vebitcoin closes its doors

2021-04-24T16:56:26+01:00

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After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provi...

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

2021-04-23T09:43:15+01:00

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

Turkish crypto exchange halts trading amid reports of police raid

2021-04-22T12:55:09+01:00

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

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

2021-04-20T08:14:35+01:00

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After a blanket ban on crypto, Bitcoin is now a talking point for Turkey's politicians.

Bitcoin caught in the crossfire as Turkish opposition leader voices support

2021-04-16T19:17:19+01:00

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Turkey’s central bank is also banning payments providers from offering fiat-to-crypto onramps for cryptocurrency exchanges.

Turkey to ban cryptocurrency payments

2021-04-16T08:28:08+01:00

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

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

2021-03-22T09:42:52+00:00

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