turkey News and Articles

Binance CEO Changpeng Zhao and head of the Eastern European branch of the exchange Gleb Kostarev discussed cooperation options with the Turkish authorities. The world's largest cryptocurrency platform plans to gain a foothold in the Middle East and Europe. In addition, she is ready to help states...

The local media of Turkey says, according to the country’s president, Recep Erdoğan, crypto law is now ready and it’ll be sent to the Parliament with no setback. He revealed the news in a recent meeting with economics journalists. In his speech, Erdoğan said people will see the guarantee of...

The famous Turkish football club Fenerbahçe SK has announced the release of a virtual token for its fans. Based on the official statement, in this way, the club's management wants not only to get closer to their fans but also to significantly increase their profits. It is known that the release of...

At the end of April 2021, a ban on any transactions with bitcoin and other digital currencies began in Turkey. Crypto exchanges have suspended their activities in this country. However, authorities later announced that the ban was temporary and would soon be lifted. Operations with digital assets...

The Central Bank of the Republic of Turkey presented a report to parliament detailing its views on cryptocurrencies. The document, which fell into the hands of journalists, lists the inherent risks of digital assets. In particular, the Central Bank drew attention to environmental problems....

On April 30, a ban on operations with cryptocurrencies came into force in Turkey. However, the country's Central Bank immediately rushed to clarify that there is no talk of a complete ban on digital assets. Bitcoin and other coins cannot be used to pay for goods and services. The state is simply...

Turkey's central bank disallowed payments with cryptocurrencies and crypto assets saying they include transfer risks and can cause irrecoverable damage. Media of the country reported that the central bank's instructions placed at the “Regulation on the Disuse of Crypto Assets in Payments” paper...

Since the beginning of 2020, the Turkish Lira exchange rate has fallen by more than 20%. Local investors are in a real panic. They are massively buying gold and dollars. Inflation approached 12% on an annualized basis. The Turkish bitcoin exchange BtcTurk, together with the Istanbul University...

The Turkish-based iMiner company received permission from the Ministry of Industry, Mines and Trade of Iran to operate a farm with six thousand miners in the province of Semnan. It is reported by Cointelegraph. Presumably, iMiner with the declared fleet of devices will become one of the largest...