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.
World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin.
Turkish Real Estate Firm Antalya Homes Now Supports Bitcoin Payments
The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year.
Turkish Stablecoin Issuer Predicts New Blockchain Regulations
Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries.
First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets.
Turkish Stablecoin Receives Spot Listing on BTSE Exchange
BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU.
BitPanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials
Binance announced a partnership with Turkey’s major bank, and Changpeng Zhao told the details to Cointelegraph.
This Major Turkish Bank Is The Latest Binance Partner for Fiat-to-Crypto Transfers
Fundstrat’s Tom Lee predicts that the Bitcoin price can potentially double this year, giving five solid reasons to back it up.
Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020