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Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, Metaverse

Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, MetaverseThe president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish President Wants the Ruling Party to Study Crypto and the Metaverse Turkish President Recep Tayyip […]

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Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira

Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million LiraTurkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready’ Turkish President Recep Tayyip Erdoğan said […]

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Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One MillionThe popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira Plunges Cryptocurrency trades in inflation-stricken […]

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Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan

Turkey Is ‘at War’ With Cryptocurrency, Says President ErdoganTurkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting with Youth” program […]

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The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches up

The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches upThe Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar by 20.00 hours GMT. Inflation Fears On the […]

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