News
The ZkDay Istanbul event offered exposure and networking opportunities to new and upcoming ZK-based projects and entrepreneurs.
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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
Bora Erdamar from the BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.
1859 - Event Recap
Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar.
6720 - News
The Turkish lira accounted for 75% of all fiat volume in early September, which can be tied to the recent influx of crypto investors in the Turkish market.
4710 - News
The Turkish finance minister reportedly stated that crypto assets are the sole outstanding technical compliance matter.
4101 - News
Crypto asset providers, such as crypto exchanges, will also be given a legal definition.
4161 - News
The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.
18968 - News
The Thodex founder fled the country in 2021 only to be detained in Albania in August 2022 and extradited to Turkey in April 2023.
13677 - Event Recap
Istanbul Blockchain Week made some necessary modifications this year to reflect the change in the overall crypto market.
19880 - Spotlight
Binance Blockchain Week will bring together the Web3 ecosystem in Istanbul, Turkey, during the second week of November.
15878 - News
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.
2894 - Video
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market.
4061 - Market Update
Bitcoin price strength continues into a weekly close that analysis says should stay above $30,000.
13742 - News
At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space.
7782 - News
Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations.
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