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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

Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight.

Turkish finance ministry to study cryptocurrency with local regulators

2021-03-02T11:46:50+00:00

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Statista has found that one-in-three Nigerians held or used crypto assets during 2020.

Nigeria and South East Asia led global crypto adoption in 2020

2021-02-18T05:47:24+00:00

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While the announcement came as a surprise to some, a digital Lira has been in the works since 2019

Amid inflation woes, Turkey announces CBDC tests planned for 2021

2020-12-26T15:58:54+00:00

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New Year Special

Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened.

How did the Turkish crypto ecosystem survive 2020?

2020-12-15T11:35:00+00:00

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Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions.

Venezuela ramps up Bitcoin payments for imports from Iran and Turkey

Joshua Mapperson

2020-12-10T03:42:32+00:00

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Bitcoin has broken record levels against at least nine world currencies as its U.S. dollar price marches toward $20,000.

Bitcoin has hit all-time highs against numerous world currencies

2020-11-17T16:37:15+00:00

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The appetite for blockchain-based fan tokens appears to be limitless among big-league soccer clubs across the globe.

İstanbul Başakşehir is the latest soccer club to launch a fan token

2020-11-11T09:17:32+00:00

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The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.

Russia's central bank says the pandemic has accelerated regulators' interest in CBDCs

2020-11-06T15:20:00+00:00

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