News
Paribu has bought a majority stake in Dubai- and Bahrain-licensed CoinMENA in a deal valuing the exchange at up to $240 million.
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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.
- Analysis
Global inflation has slowed down, but in many countries, crypto is still providing an attractive and viable alternative to the local monetary system.
3192 - Analysis
The CEO of former crypto exchange Thodex was found dead in his prison cell. He was serving time for a $2-billion exit scam.
4551 - News
Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.
3370 - News
Turkey plans new legislation letting Masak freeze crypto accounts to fight money laundering, aligning with FATF standards.
3985 - News
BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.
34244 - News
Carrone says friends and global contacts helped secure his release after Turkey accused him of aiding misuse of an Ethereum privacy tool; legal fight ongoing.
6981 - News
The decentralized exchange was one of 46 websites Turkey's financial regulator said would be blocked for residents.
9648 - News
Countries that ban crypto payments often have no restrictions on using crypto abroad, but such legal overlaps may attract scrutiny from global regulators like the FATF.
12922 - News
Turkey’s Finance Ministry plans new rules requiring crypto platforms to collect source and purpose data, with limits on stablecoin transfers.
5504 - News
The Crocodilus banking trojan is expanding globally with new campaigns targeting crypto wallets and banking apps, now reaching Europe and South America.
4417 - News
Speculative activity remains closely tied to global funding rates, highlighting crypto’s growing “interconnectedness” with traditional finance, a BIS report claimed.
3311 - Opinion
Boutique market makers offer tailored liquidity solutions that address local challenges and provide stable financial access, while bridging liquidity gaps in emerging markets.
1563 - Market Analysis
Analysts say Bitcoin’s inflation-hedging ability is uncertain in developed economies but more effective in emerging markets.
5058 - News
The Turkish Capital Markets Board established full regulatory control over crypto asset platforms, taking responsibility for CASP licensing, operations and compliance.
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