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.

Turkish Police Arrest 11 Suspects in Alleged Hack of Cryptocurrency Wallet Accounts

NOV 04, 2018 | by Helen Partz

The Turkish police’s cybercrime unit detained 11 suspects in an alleged hack of crypto accounts with victim losses amounting to over $80,000.

10042 |

Turkish Exchange Develops Blockchain-Based Customer Database

SEP 06, 2018 | by Ana Alexandre

The Borsa Istanbul Stock Exchange has developed a blockchain-based database for adding new customers and managing documents.

7694 | 1

Hyperbitcoinization: How Currency Crises Are Driving Nations to Crypto

SEP 02, 2018 | by Simon Chandler

Inflation is driving these nations to crypto, but there won’t be hyperbitcoinization as long as reserve currencies remain strong.

10778 | 2

Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

AUG 13, 2018 | by William Suberg

Not just the cryptocurrency industry but even mainstream media outlets have highlighted Bitcoin’s stability versus the Turkish lira.

8372 | 6

Turkey Establishes Country’s First University Blockchain Center

AUG 04, 2018 | by Ana Alexandre

Turkey has inaugurated the country’s first university blockchain center to ensure it keeps pace with digitization globally.

26326 | 6

Self-Advertised as Turkey’s ‘National Cryptocurrency,’ Turcoin Outed as Ponzi Scheme

JUN 19, 2018 | by William Suberg

Investors in Turcoin have alleged it is a ponzi scheme after one of its organizers funnelled money to Cyprus and stopped payouts.

11246 | 1

Banks and Cryptocurrencies Global Evaluation: The Middle East

JUN 14, 2018 | by Christina Georgacopoulos

It’s definitely more red than green.

16365 | 2

BCH-Promoting Twitter Account @Bitcoin Suspended, Internet Debates ‘Death Of Free Speech’

APR 08, 2018 | by Molly Jane Zuckerman

@Bitcoin, a Twitter account associated with Bitcoin Cash, has been suspended to both applause as well as accusations of the death of free speech.

32736 |

Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency

APR 04, 2018 | by Molly Jane Zuckerman

Iranian High Council of Cyberspace wants to ban Telegram — an “enemy of the public sector” — citing the danger of its foray into the crypto sphere

27802 |

Bank For International Settlements Distances Itself From Centralized Digital Currencies

MAR 13, 2018 | by William Suberg

European banking bigwigs appear to be underwhelmed by the idea of digital currency, either decentralized or bank-issued.

21549 | 2

Microsoft Blocked More Than 400,000 Malicious Cryptojacking Attempts In One Day

MAR 10, 2018 | by Molly Jane Zuckerman

Microsoft’s Windows Defender Antivirus reported that it stopped more than 400,000 attempts to inject crypto mining malware in 12 hours.

33359 | 1

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

MAR 09, 2018 | by Ana Alexandre

McAffee releases report in which North Korean hackers are suspected of a cyberattack on Turkish government-backed financial institutions.

27771 | 6

Turkey, Iran To Release State-Backed Cryptocurrencies On Heels Of Venezuela’s Petro

FEB 23, 2018 | by Molly Jane Zuckerman

The governments of Turkey and Iran are considering launching their own state-backed cryptocurrencies, following in the wake of the Venezuelan Petro.

40267 | 7

Turkey: Football Chairman ‘Proud’ To Hire Player For Bitcoin In New First

JAN 31, 2018 | by William Suberg

Turkish football club continues Bitcoin sports trend by signing player to be paid in Bitcoin, despite uncertain regulatory environment.

22796 | 7

Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government

NOV 30, 2017 | by William Suberg

The Turkish government has advised cryptocurrencies are not “suitable” for Muslims.

34045 | 13

Turkey, Iran To Release State-Backed Cryptocurrencies On Heels Of Venezuela’s Petro

FEB 23, 2018 | by Molly Jane Zuckerman

The governments of Turkey and Iran are considering launching their own state-backed cryptocurrencies, following in the wake of the Venezuelan Petro.

40267 | 7

Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government

NOV 30, 2017 | by William Suberg

The Turkish government has advised cryptocurrencies are not “suitable” for Muslims.

34045 | 13

Microsoft Blocked More Than 400,000 Malicious Cryptojacking Attempts In One Day

MAR 10, 2018 | by Molly Jane Zuckerman

Microsoft’s Windows Defender Antivirus reported that it stopped more than 400,000 attempts to inject crypto mining malware in 12 hours.

33359 | 1

BCH-Promoting Twitter Account @Bitcoin Suspended, Internet Debates ‘Death Of Free Speech’

APR 08, 2018 | by Molly Jane Zuckerman

@Bitcoin, a Twitter account associated with Bitcoin Cash, has been suspended to both applause as well as accusations of the death of free speech.

32736 |

Iranian Cyberspace Authority Says Telegram’s Upcoming Crypto Threatens National Currency

APR 04, 2018 | by Molly Jane Zuckerman

Iranian High Council of Cyberspace wants to ban Telegram — an “enemy of the public sector” — citing the danger of its foray into the crypto sphere

27802 |

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

MAR 09, 2018 | by Ana Alexandre

McAffee releases report in which North Korean hackers are suspected of a cyberattack on Turkish government-backed financial institutions.

27771 | 6

Turkey Establishes Country’s First University Blockchain Center

AUG 04, 2018 | by Ana Alexandre

Turkey has inaugurated the country’s first university blockchain center to ensure it keeps pace with digitization globally.

26326 | 6

Turkey: Football Chairman ‘Proud’ To Hire Player For Bitcoin In New First

JAN 31, 2018 | by William Suberg

Turkish football club continues Bitcoin sports trend by signing player to be paid in Bitcoin, despite uncertain regulatory environment.

22796 | 7

Bank For International Settlements Distances Itself From Centralized Digital Currencies

MAR 13, 2018 | by William Suberg

European banking bigwigs appear to be underwhelmed by the idea of digital currency, either decentralized or bank-issued.

21549 | 2

Banks and Cryptocurrencies Global Evaluation: The Middle East

JUN 14, 2018 | by Christina Georgacopoulos

It’s definitely more red than green.

16365 | 2

Self-Advertised as Turkey’s ‘National Cryptocurrency,’ Turcoin Outed as Ponzi Scheme

JUN 19, 2018 | by William Suberg

Investors in Turcoin have alleged it is a ponzi scheme after one of its organizers funnelled money to Cyprus and stopped payouts.

11246 | 1

Hyperbitcoinization: How Currency Crises Are Driving Nations to Crypto

SEP 02, 2018 | by Simon Chandler

Inflation is driving these nations to crypto, but there won’t be hyperbitcoinization as long as reserve currencies remain strong.

10778 | 2

Turkish Police Arrest 11 Suspects in Alleged Hack of Cryptocurrency Wallet Accounts

NOV 04, 2018 | by Helen Partz

The Turkish police’s cybercrime unit detained 11 suspects in an alleged hack of crypto accounts with victim losses amounting to over $80,000.

10042 |

Bitcoin Payments Cheaper & Safer Than Credit Cards: Cointed

APR 17, 2017 | by Alicia Naumoff

With Cointed, a fast-growing Bitcoin exchange located in Austria, Bitcoin is now becoming one of the most effective ways to pay online.

9284 | 2

Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

AUG 13, 2018 | by William Suberg

Not just the cryptocurrency industry but even mainstream media outlets have highlighted Bitcoin’s stability versus the Turkish lira.

8372 | 6

Bitcoin, Ethereum ‘Not Suitable’ For Muslims, Says Turkish Government

NOV 30, 2017 | by William Suberg

The Turkish government has advised cryptocurrencies are not “suitable” for Muslims.

34045 | 13

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

MAR 09, 2018 | by Ana Alexandre

McAffee releases report in which North Korean hackers are suspected of a cyberattack on Turkish government-backed financial institutions.

27771 | 6

Turkey: Football Chairman ‘Proud’ To Hire Player For Bitcoin In New First

JAN 31, 2018 | by William Suberg

Turkish football club continues Bitcoin sports trend by signing player to be paid in Bitcoin, despite uncertain regulatory environment.

22796 | 7

Turkey, Iran To Release State-Backed Cryptocurrencies On Heels Of Venezuela’s Petro

FEB 23, 2018 | by Molly Jane Zuckerman

The governments of Turkey and Iran are considering launching their own state-backed cryptocurrencies, following in the wake of the Venezuelan Petro.

40267 | 7

Turkey Establishes Country’s First University Blockchain Center

AUG 04, 2018 | by Ana Alexandre

Turkey has inaugurated the country’s first university blockchain center to ensure it keeps pace with digitization globally.

26326 | 6

Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

AUG 13, 2018 | by William Suberg

Not just the cryptocurrency industry but even mainstream media outlets have highlighted Bitcoin’s stability versus the Turkish lira.

8372 | 6

Banks and Cryptocurrencies Global Evaluation: The Middle East

JUN 14, 2018 | by Christina Georgacopoulos

It’s definitely more red than green.

16365 | 2

Hyperbitcoinization: How Currency Crises Are Driving Nations to Crypto

SEP 02, 2018 | by Simon Chandler

Inflation is driving these nations to crypto, but there won’t be hyperbitcoinization as long as reserve currencies remain strong.

10778 | 2

Microsoft Blocked More Than 400,000 Malicious Cryptojacking Attempts In One Day

MAR 10, 2018 | by Molly Jane Zuckerman

Microsoft’s Windows Defender Antivirus reported that it stopped more than 400,000 attempts to inject crypto mining malware in 12 hours.

33359 | 1

Bank For International Settlements Distances Itself From Centralized Digital Currencies

MAR 13, 2018 | by William Suberg

European banking bigwigs appear to be underwhelmed by the idea of digital currency, either decentralized or bank-issued.

21549 | 2

Bitcoin Payments Cheaper & Safer Than Credit Cards: Cointed

APR 17, 2017 | by Alicia Naumoff

With Cointed, a fast-growing Bitcoin exchange located in Austria, Bitcoin is now becoming one of the most effective ways to pay online.

9284 | 2

Self-Advertised as Turkey’s ‘National Cryptocurrency,’ Turcoin Outed as Ponzi Scheme

JUN 19, 2018 | by William Suberg

Investors in Turcoin have alleged it is a ponzi scheme after one of its organizers funnelled money to Cyprus and stopped payouts.

11246 | 1

CoinsBank Creates Environment For Mainstream Adoption Of The Blockchain

AUG 19, 2016 | by Iyke Aru

Originally known as Bit-X, CoinsBank is set for its first Blockchain summit, which will be held on October 6 - 9 2016 in Belek, Turkey

381 | 1

Bitcoin Exchange BTCTurk Terminates Operations in Turkey, Right After PayPal

AUG 24, 2016 | by Joseph Young

BTCTurk, a Turkish Bitcoin exchange which launched in July 2013, has terminated its operations in Turkey after local banks closed the main accounts of the compa...

1555 | 1

Turkish Exchange Develops Blockchain-Based Customer Database

SEP 06, 2018 | by Ana Alexandre

The Borsa Istanbul Stock Exchange has developed a blockchain-based database for adding new customers and managing documents.

7694 | 1