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Turkey

MARKETS

Turkey Crafts Legislation For Bitcoin, Crypto Oversight: Report

Namcios -
Turkish governing party is reportedly set to submit bills to parliament in the coming weeks to better regulate the Bitcoin and cryptocurrency markets.
MARKETS

Turkey Inflation Data Shows Annual 70% CPI Increase, Bitcoin Fixes This

Shawn Amick -
Data analyzed by the Turkish Statistical Institute shows hyperinflation reaching as high as 105% for transportation costs as the Lira continues to diminish.
MARKETS

The Turkish Lira’s Freefall And The Bitcoin Parachute

Sam Callahan -
As the national currency of Turkey continues to plummet, Bitcoin represents an escape hatch for citizens looking to preserve wealth.
BUSINESS

Turkey’s Inflation Is An Example Of Why We Need Bitcoin

S.J. Ware -
Increasingly expensive groceries, wages unable to keep up and desperation amongst the people are proof of the necessity of decentralized currency.
MARKETS

Bitcoin Hits All-Time Highs Against Turkish Lira As It Collapses

Dylan Leclair And Sam Rule -
In a historic event for a G20 country, the Turkish lira is in free fall and making the case for a bitcoin hedge.
CULTURE

The Turkish Tribal War Against Bitcoin

Stackmore Hodl Sucre -
Bitcoin could help rectify malinvestment and unsustainable development, if only embraced by a currently hostile Turkish government.
BUSINESS

Turkish Government Requiring Exchanges To Report Bitcoin Trades Over $1,200

Oluwapelumi Adejumo -
Turkey is instituting a reporting requirement for large trades, including bitcoin, from cryptocurrency exchanges.
BUSINESS

Turkish Court Jails Suspects In Thodex Cryptocurrency Exchange Probe

Peter Chawaga -
A Turkish court has jailed suspects connected to the Thodex cryptocurrency exchange as its regulatory actions around bitcoin intensify.
MARKETS

Report: Turkey To Establish Custodian Bank For Bitcoin Exchanges

Peter Chawaga -
The Turkish government reportedly plans to serve as a custodian for local cryptocurrency exchanges, potentially holding bitcoin for users.
CULTURE

Turkey Bans Bitcoin Payments As Lira Crashes

Ahyke Otutubuike -
The Central Bank of the Republic of Turkey has instituted a ban on cryptocurrency payments, as its own fiat currency is devalued.
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