News
The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens.
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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.
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Turkish blockchain platform Bitci steps into the English Premier League with a partnership with Wolverhampton Wanderers.
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Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums.
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Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects.
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La Roja is launching a fan token in partnership with Turkish blockchain platform Bitci Technology.
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Turkey’s Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150-million crypto exchange scam.
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The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto.
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Vebitcoin CEO İlker Baş is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania.
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The arrested employees, including directors, are suspected of fraud.
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After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more.
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Thodex has gone silent since announcing a halt in trading and withdrawals.
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Turkey’s vibrant ecosystem took a hit from the new crypto payments ban, and industry participants speak out on potential implications.
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After a blanket ban on crypto, Bitcoin is now a talking point for Turkey's politicians.
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Turkey’s central bank is also banning payments providers from offering fiat-to-crypto onramps for cryptocurrency exchanges.
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Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira.
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