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Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator

Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator…

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Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions

Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking…

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Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s…

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47 Companies Apply to Operate in Turkey Under New Crypto Regulations

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate.…

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Turkish Bank Garanti BBVA Embraces Digital Assets With New Crypto Wallet and Trading Platform

In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading platform, “Garanti BBVA Crypto”. This platform allows customers to trade and…

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Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax

Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering…

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Turkish Parliament Committee to Review Crypto Bill This Week

The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to…

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