Turkey Drops Plans to Tax Profits from Crypto

Turkey has been a focal point in recent economic discussions due to its evolving fiscal policies, fluctuating market conditions, and efforts to stabilize an inflation-hit economy. Vice President Cevdet Yilmaz’s recent statements shed light on the current economic strategy, particularly…

More than 50% of Turkey’s Population Are Invested in the Crypto Industry

Turkey is a country that is located within Europe and also in the Asian continent. Despite their diversity, one of the things uniting them is their shared interest in the crypto industry. So, recent research shows that much of the…

Turkey Announces First Digital Lira Transactions

Turkey’s central bank announced in a press release on December 29 that the first transactions involving its digital lira had been completed successfully. Pilot Tests Into 2023 The Central Bank of the Republic of Turkey (CBRT) announced that the digital…

Currency Exchange Office in a 550 Years Old Turkish Market Accepts Bitcoin – Perhaps a Rising Tide to Lift All Boats

Acceptance in a Conservative Market Of all the places, a symbol for bitcoin (BTC) acceptance popped out in a 550 years old traditional Turkish Market. Located in Istanbul, the currency exchange office Santral Doviz displayed a prominent BTC symbol outside…

Turkey Announces Plans to unveil Blockchain Infrastructure

Turkey just announced plans for the establishment of national Blockchain infrastructure geared at utilizing distributed ledger technology (DLT), in public administration. Blockchain and DLT a priority The country’s ministry of industry and technology set out its vision during its Strategy…

8 countries actively looking to crypto in search of financial freedom

Cryptocurrency has been famed for its decentralized nature, earning it admirers and detractors alike. A lot of banking institutions have been quite hostile towards it except for a few who have recently begun to warm up to the blockchain. Crypto…