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Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

Central Bank of Turkey to Ban Use of Cryptocurrencies to Purchase Goods amid Bitcoin Boom

Central Bank of Turkey to Ban Use of Cryptocurrencies to Purchase Goods amid Bitcoin Boom

Although many retail and institutional investors alike have been gripped by Bitcoin fever lately, as the cryptocurrency has hit a new record-high, not all banking institutions are convinced by the digital asset’s benefits.

Binance Adjusts Services in Turkey Following New Crypto Regulations

Binance Adjusts Services in Turkey Following New Crypto Regulations

Binance announces significant changes to its services in Turkey to comply with new crypto regulations, including halting Turkish language options and direct marketing activities.

Thodex Founder Arrested by Turkey Police in Albania

Thodex Founder Arrested by Turkey Police in Albania

Faruk Fatih Ozer, the founder of the Thodex crypto exchange, escaped Turkey after taking $2 billion of investors’ funds with him. The founder is finally arrested in Albania.

Turkey’s Crypto Law heading to Parliament after President Erdogan’s Approval

Turkey’s Crypto Law heading to Parliament after President Erdogan’s Approval

Turkey's President confirms that drafting a crypto law is completed. The president further reveals that the draft will be tabled in the Parliament for mainstream implementation in the nation.

President Erdoğan of Turkey Intends to Host Virtual Forum in the Metaverse

President Erdoğan of Turkey Intends to Host Virtual Forum in the Metaverse

Turkey's President has instructed officials of the ruling Justice and Development Party (AK Party) to conduct work on new developments, including metaverse.

Turkey Names Blockchain Expert to Central Bank Committee

Turkey Names Blockchain Expert to Central Bank Committee

Turkey's central bank embraces blockchain with the appointment of crypto expert Prof. Fatma Ozkul to its monetary policy committee.

Turkish Central Bank Announces Partnership with Technology Firms to Develop CBDC

Turkish Central Bank Announces Partnership with Technology Firms to Develop CBDC

Turkey’s central bank has expanded its commitment towards launching a CBDC. The monetary authority has formed partnerships with technology firms to develop a prototype of a national digital currency.

Turkey's Concern for Crypto Mounts, Races to Implement Long-Awaited Regulation

Turkey's Concern for Crypto Mounts, Races to Implement Long-Awaited Regulation

Following confirmation that the long-awaited crypto regulation is ready by the Turkish President, Recep Tayyip Erdoğan, stakeholders in the country want the regulations to be implemented as soon as possible.

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.

Turkey Witnesses Resurgence in Crypto Trades Above 1M per day

Turkey Witnesses Resurgence in Crypto Trades Above 1M per day

Turkey is witnessing a resurgence in cryptocurrency trades of above one million per day due to a continuous fall in the value of the country's currency, Reuters reported.

Blockchain-based Digital Identification For Online Public Services In Turkey

Blockchain-based Digital Identification For Online Public Services In Turkey

Turkey will employ blockchain-created digital identities to access public services. National blockchain infrastructure planning began in 2019. Mobile phones will store digital data. Turkey has launched several blockchain projects, however few have been completed.

Ethereum Co-Founder Vitalik Buterin Donates 50 ETH

Ethereum Co-Founder Vitalik Buterin Donates 50 ETH

Vitalik Buterin donated crypto to Turkish disaster aid.

Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

The Qatari National Bank (QNB) is set to launch a cross-border payment solution, powered by blockchain payments firm Ripple Labs Inc.

Kucoin Report: Turkey's Crypto Investor Base Grows by 12%

Kucoin Report: Turkey's Crypto Investor Base Grows by 12%

KuCoin's 15th report on cryptocurrencies shows a 12% increase in Turkish adults investing in cryptocurrencies over the past 18 months, despite market conditions and a depreciating Turkish lira.

Binance CEO Discusses Crypto Ecosystem with Turkish Officials

Binance CEO Discusses Crypto Ecosystem with Turkish Officials

Binance Chief Executive Officer Changpeng Zhao had a meeting with Turkish officials where he discussed issues bothering the crypto ecosystem.

Crypto Traders See Safe Haven in a Brokerage Newcomer in Turkey

Crypto Traders See Safe Haven in a Brokerage Newcomer in Turkey

Istanbul-based BtcTurk has established a securities brokerage, offering its millions of clients new options to satisfy their trading itch.

The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023

The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023

The Turkish government has submitted the President’s annual plan, which included discussions on the launch of CBDC. The administration plans to launch its country’s CBDC by next year.

Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey's Crypto Payment Ban

Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey's Crypto Payment Ban

Bitcoin fell below the $61K level for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency for the purchase of goods and services proposed by the Turkish government.

Turkey Government Considers Introducing New Regulations After Collapse of Two Crypto Exchanges

Turkey Government Considers Introducing New Regulations After Collapse of Two Crypto Exchanges

Turkey is discussing plans to tighten crypto regulations after two local exchanges collapsed a few days ago.

Discover the Decentralization with the Experts in the Largest Crypto Owning Country-TURKEY

Discover the Decentralization with the Experts in the Largest Crypto Owning Country-TURKEY

The second of the most comprehensive Blockchain and cryptocurrency conference in MENA and Eurasia will take place during two days in Istanbul on February 20-21, 2020 with the best international names in the sector. The conference will be the largest meeting in the region on behalf of the world of blockchain and cryptocurrency, with a wide range of topics focused on the financial technologies of the future, extensive networking opportunities and participation from more than 60 countries.

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com are services for Turkey, a rapidly emerging digital market with a strong affinity for and a high adoption rate of cryptocurrency and blockchain technology.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.

Turkish Government Announces Plans for National Blockchain Infrastructure

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development.

Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic

Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic

On March 25, 2020, Binance in its blog post announced the launch of its new fundraising project titled 'Crypto Against COVID' which aims to raise $5 million in cryptocurrencies which will be used to buy medical equipment for the countries worst affected by Coronavirus.

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Malware Botnets Hijacked Microsoft SQL Databases to Mine Cryptocurrency Causing Concern

Guardicore, a cloud security and data center firm, has issued a report showing how a malware botnet, tracked as Vollgar botnet, has been hijacking Microsoft SQL Server (MS-SQL) databases around the world and forcing them to mine the cryptocurrencies Vollar and Monero.

3 Benefits You Need to Know About Cryptocurrency Credit Cards

3 Benefits You Need to Know About Cryptocurrency Credit Cards

A breaking story shows that MedeTrade crypto exchange has integrated Dash in its Visa cryptocurrency credit and debit card. Therefore, crypto users need to know about benefits associated with cryptocurrency visa card.

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

During the first round-table discussion at the Kuala Lumpur Summit 2019, Hassan Rouhani, Iran’s President, suggested that cryptocurrency ought to be integrated into Muslim nations to enhance trade between the nations.

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