Bitcoin 28/04/21 20:18 by stevenhay

Turkish Central Bank Considers Becoming Bitcoin Custodian

Turkey’s fiat currency, the Lira (TRY), is in serious trouble – especially against Bitcoin – with consumer price inflation reaching an alarming 16% in March of this year. In January ...
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Bitcoin 28/04/21 14:18 by Tokoni Uti

Turkey Looking To Establish Central Bitcoin Custodian Bank Following The Sudden Collapse Of Two Crypto Exchanges

The last week has been an interesting one in the Turkish crypto space. Two of the biggest exchanges in the country, Vebitcoin, and Thodex shut down following allegations of mismanagement and a change...
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Crypto 27/04/21 02:00 by Samuel Wan

Country in Chaos: Second Turkish Crypto Exchange Collapses Amid Accusations of Fraud

Vebitcoin crypto exchange based in the southwestern city of Mugla, Turkey, has gone offline. The company’s website home page refers to recent developments that have forced them to cease trading....
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Crypto 24/04/21 14:17 by Brenda Ngari

Turkey Crypto Investors Suffer Another Fatal Blow After Second Exchange Suddenly Goes Offline With Customers’ Funds Locked

Turkish cryptocurrency exchange Vebitcoin has unexpectedly closed down, raising alarm bells among customers. This is the second crypto trading platform in Turkey to suddenly shut down all trading and...
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Crypto 24/04/21 02:00 by Samuel Wan

Crypto Takes Another “L” as Turkish Exchange Founder Runs With $2bn in User Funds

Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday,...
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Bitcoin 16/04/21 12:08 by Olivia Brooke

Turkey Bans Use Of Bitcoin For Payments, But This Could Be Backfiring

Turkey’s cryptocurrency ban has already begun to face resistance from a defiant crowd. To assume that the rebellion is temporary is to underestimate the necessity of cryptocurrencies in the liv...
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Bitcoin 24/03/21 17:00 by Samuel Wan

Turkish Bitcoin Buyers Say Crypto is The Only Answer to Crumbling Lira

In more stable regions, investment and speculation make the primary use case for Bitcoin. But in Turkey, the leading cryptocurrency has become something of a lifeline as the effects of economic panic ...
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Bitcoin 22/03/21 18:20 by Adrian Klent

Google Searches For Bitcoin Explodes In Turkey After Lira Crash

Google searches for “Bitcoin” have soared in Turkey following the drop of the Lira against the US Dollar on Monday. Analytics has revealed that searches for “Bitcoin” on th...
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Crypto 14/03/21 13:33 by Adrian Klent

Istanbul cops raid fake Crypto Investment scam holding 100 people captive

According to reports from local news outlets, a Chinese gang of 18 suspects was recently detained by the police authorities of Istanbul on account of kidnapping and operating a crypto scam scheme. ...
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Bitcoin 19/05/20 09:00 by Nick Chong

Turkey’s Economic Tumoil Shows Bitcoin Is a Better Bet Than Emerging Markets

Bitcoin and the S&P 500 may have strongly recovered from their March lows, but it’s been a dismal quarter for the world’s economies. Unemployment has skyrocketed, consumer confidence i...
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Other 02/03/20 13:04 by Tolu

Binance Announces ‘First Bank Channel Integration’ With the Biggest Bank in Turkey for Direct Lira Transactions

Major digital asset exchange platform Binance has announced it has integrated with a commercial bank for the first time ever. Akbank, a major Turkish bank, will now allow seamless transactions for cu...
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