Turkish Lira’s Crypto Volume Market Share Hits All-time High
The crypto volume market share of the Turkish lira (TRY) has hit an all-time high amid the currency’s depreciation and foreign exchange volatility in the country. According to a report…
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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…
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…
Turkey Prepares New Crypto Law to Align With International Standards
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will…
Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate
According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that…
ZK community aligned with the core Web3 mission: ZkDay Istanbul roundup
The ZkDay Istanbul event offered exposure and networking opportunities to new and upcoming ZK-based projects and entrepreneurs.
Turkey mulls addressing licensing and taxation in new crypto rule
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.
No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry
Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar.
This is Why Turkish Investors Are Interested in Crypto: Survey
As cryptocurrency adoption increases in Turkey, investors flock to the novel sector for different reasons, including the notion that they could enrich their pockets by trading digital assets. A new…
Turkey aims to shed FATF ‘grey list’ status with new crypto regulations
The Turkish finance minister reportedly stated that crypto assets are the sole outstanding technical compliance matter.