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Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’

According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the…

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Turkey Busts an Illegal Betting Organization, Seizes $40M in Crypto (Report)

The Turkish authorities reportedly detected an illicit betting organization that used cryptocurrencies to launder crime funds. Following the investigation, law enforcement agents arrested 46 individuals involved in the scheme and…

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Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report

Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the…

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Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of…

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Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania

Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer…

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