Law Decoded: Three regulatory trends of 2021, Dec. 20–27
The year past saw some fundamental transformations in the relationship between state power and the digital asset space.
Auto Added by WPeMatico
Binance Turkey fined 8M lira for non-compliance against money laundering
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law.
Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira
Turkey’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…
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira's falling value.
Turkey President Announces a Cryptocurrency Bill, Speaks of a New Economic Model
Santa Claus could be granting the wishes of Turkish cryptocurrency enthusiasts as the country embarks on a revolutionary change in its cryptocurrency policy. Turkey’s President Recep Tayyip Erdoğan said today…
Crypto Trading Volume in Turkey Surges as Local Currency Plunges
The million trades per day milestone was recorded by blockchain analysis firms Chainalysis and Kaiko. Rampant inflation and a currency devaluing by nearly 40% since September have resulted in citizens…
Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering
The man who declared “war” on crypto in September helps fuel snap overnight gains.
Bitcoin wobbles below $46K as 1 BTC passes 800K Turkish lira for the first time
Bitcoin price weakness is arguably only welcomed by those who chose it over saving in lira this week.
Bitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut
Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin,…
Turkish Lira Collapses Under Erdogan’s Rule: Can Bitcoin Be a Lifeboat for Locals?
The Turkish lira – Turkey’s national currency – has been in a state of freefall for the last three months and has lost around 35% of its value against the…