The meeting between El Salvador’s President Nayib Bukele and his Turkish counterpart Recep Erdogan made the crypto world dream. The most enthusiastic community imagined that the theme of the meeting w...
Tag: Turkey
Turkey Is Allegedly Having Crypto Conversations with El Salvador
Turkey – in the middle of its currency crisis – appears to be taking advice from and meeting with the most unlikely contender: El Salvador. Turkish president Recep Tayyip Erdogan recently met with Nay...
Economic Crisis In Turkey Brings Nation Closer To Crypto ⋆ ZyCrypto
Advertisement     The Turkish people are embracing cryptocurrencies even as the government outlaws digital assets. The country’s struggling economy has pushed people i...
Crypto and NFTs meet regulation as Turkey takes on the digital future
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments a...
Will Turkey Seek Chinese Or Korean Fighters If F-16 Request Is Denied?
The Turkish Air Force is paying a heavy price for Ankara’s purchase of Russian S-400 air defense missile systems. It has missed out on the chance to acquire fifth-generation F-35 Lightning II stealth ...
Bitcoin enthusiasts left disappointed post meet of Turkey and El Salvador presidents
Bitcoin lovers were left disappointed after Nayib Bukele met with Turkish president It was not spoken about during Bukele’s stay over at the Turkish capital The nature of the encounter was spoken ab...
Bukele’s Bitcoin Is Not What Turkey Needs
This problem is rooted in the late 1980s when Turkey opened its capital accounts, allowing the lira to trade and float against other international currencies, at a point where it was still very much a...
Will Turkey Follow El Salvador to Legalize Bitcoin (BTC) Tender?
El Salvador’s President Nayib Bukele arrived in Turkey Thursday to meet President Recep Tayyip Erdoğan in a bid to foster alliance and investment in the Central American country. Just before arriving ...
Turkey, the offices where to buy Bitcoin with paper- The Cryptonomist
In Turkey, it is possible to buy cryptocurrency with cash thanks to the service offered by Nakitcoins. The offices of Nakitcoins Nakitcoins has opened real offices where users can go to open their cry...
Turkey embraces Bitcoin and Tether as the lira keeps spiraling down
The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value. The country’s national currency has lost 40% of its value against the dol...
Bitcoin and Tether Bought Massively in Turkey as Safe Haven from Falling Lira
Yuri Molchan Turks are hastily embracing Bitcoin and USDT, looking to convert plunging Lira and save their money The Wall Street Journal reported that the embrace of crypto is currently proceeding at ...
Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey – Regulation Bitcoin News
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emph...
Turkey prepares anti-crypto legal law to stop virtual scams and thefts
TL;DR Breakdown • AKP party chief denies that crypto regulations will impose payment fees.• Regulators in Turkey hope to bring security and transparency to the crypto market. Recently the AKP troop ch...
One-Day $10 Billion Profit Erases Turkey Central Bank Losses
(Bloomberg) — Turkey’s central bank posted an extraordinary daily profit of around $10 billion on the final day of 2021, sparking questions on what caused this overnight boon that will trickle d...
Inflation Soars To 19-Year High As Lira Slump Continues
Topline Turkey’s annual inflation soared to a 19-year high in December, according to government data, part of an escalating crisis driven by unorthodox monetary policies touted by President Recep Tayy...
Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits – Economics Bitcoin News
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time depo...
Can Erdogan’s promise of crypto regulation in Turkey save its falling lira
Many crypto experts and analysts predicted that 2022 would bring a surge in crypto regulation and laws. On 1 January 2022, this already seems to be the case as one country seemingly prepares the groun...