Turkey’s Crypto Regulations: Striking to Remove FATF ‘Grey List’
Turkey is purportedly creating new regulations to control cryptocurrency assets in an attempt to persuade the FATF to take it off the "grey list" of countries.
Other top stories
All stories
Latest firstCollapsed Crypto Exchange Thodex Founder Sentenced To Prison For 7 Months
Key Takeaways Faruk Fatih Özer, the founder of the Turkish cryptocurrency exchange Thodex, has been handed a prison sentence of seven months and 15 days by the Turkish court. The sentence comes as a result of Özer’s failure to submit…
Thodex Crypto Exchange CEO Extradited from Albania to Turkey
CEO of the cryptocurrency exchange Thodex was extradited to Turkey from Albania, where he is accused of defrauding investors.
Binance to support Turkey Earthquake Victims with $100 BNB Token airdrops
CZ, the CEO of Binance, stated that the company is making more significant attempts to assist.
Illegal Betting : Turkish authorities confiscate $40 million in crypto
As per the Ankara Chief Public Prosecutor's office, a clampdown on illicit gambling in Turkey has resulted in the seizure of $40 million in crypto
Turkey Reportedly denies to Impose 40% Tax on Crypto Yields
Key Takeaways: In the coming weeks, a legislative proposal to regulate cryptocurrency trade in Turkey is expected to be submitted to parliament. The Justice and Development Party (AKP) has “strongly denied” allegations that authorities in Ankara plan to tax cryptocurrency…
Turkey Encourages the Conversion of Gold Deposits Into Lira Time Deposits
Key Takeaways: Central Bank of the Republic of Turkey (CBRT) recently announced that it has decided to provide incentives to gold deposits and participation fund holders who request to convert their holdings into lira time deposits. In a brief statement…
The President of Turkey Announces a Crypto Bill
Follow us on Google News Key Takeaways: Turkey’s President Recep Tayyip Erdogan stated that he expects the nation to take a step forward with a new economic model. As the first step, he will address the crypto industry by enacting…
Is Bitcoin the only answer that can save Turkey’s Lira?
Follow us on Google News Key Takeaways: As the country’s currency has plummeted to new lows, the number of cryptocurrency trades in Turkey has risen to one million per day. On Tuesday, the lira fell as much as 8.6% intraday…