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.
The legal draft places a minimum capital requirement for crypto businesses operating in Turkey.
Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance
Half of what was lost due to China’s crackdown on Bitcoin mining will never go back online, Phoenix Store’s CEO says.
Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner
A new survey conducted in Turkey reveals how the perception of cryptocurrencies has evolved over the last year.
Crypto usage in Turkey increased elevenfold in a year, new survey shows
Turkey’s union of soccer clubs partners with Socios to improve fan engagement in the Turkish Süper Lig through technology and innovation.
Socios partners with Turkish soccer club union to explore digital revenue models
The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens.
Gold-backed digital tokens to hit Turkish market following new partnership
Turkish blockchain platform Bitci steps into the English Premier League with a partnership with Wolverhampton Wanderers.
Premier League's Wolverhampton Wanderers soccer club to launch fan token
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums.
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen