News
The Turkish lira-backed stablecoin BiLira is now open for trading on cryptocurrency exchange Bittrex Global.
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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.
- News
Fan token adoption heats up as Trabzonspor joins the craze.
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BtcTurk joins forces with the Turkish Football Federation on the road to the UEFA European Championship 2021.
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Turkish residents are losing faith in their local fiat currency, with confidence in the lira falling 20% this year.
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As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy.
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A new survey shows that Turks may not be trading and using cryptocurrencies as much as previous reports have indicated.
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Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin.
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The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year.
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Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries.
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The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets.
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BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU.
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Binance announced a partnership with Turkey’s major bank, and Changpeng Zhao told the details to Cointelegraph.
4420 - Event Recap
Fundstrat’s Tom Lee predicts that the Bitcoin price can potentially double this year, giving five solid reasons to back it up.
14964 - Opinion
To avoid recession of national economics Turkey is planning to become the crypto and blockchain hab in Eurasia: What has been done and what to expect in the future?
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Blockchain.com Exchange launches Turkish Lira gateway as Turkey becomes a hot spot for global crypto exchanges.
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