Turkey’s New Economic Roadmap Calls for Central Bank Cryptocurrency
An economic road map unveiled by the government of Turkey this week includes several items related to blockchain, including a bid to create a central bank digital currency based on the technology.
Thinking of Buying a Home with Bitcoin? In Turkey You Now Can.
Despite the loss in the value of over 80% in the crypto markets in the past year, data from Statista indicates that the number of cryptocurrency wallet owners has increased 32% and reached 31 million by the end of 2018. Widely used in many industries including automotive, travel and informatics, cryptocurrency has also become widespread in the real estate sector.
Turkish Telecom Giant Turkcell Introduces Blockchain ID Management Product
Istanbul-based telecommunication services provider Turkcell has introduced a blockchain-based service for ID management, news outlet Daily Sabah reported on Feb. 26.
24 Arrested in Turkey for Allegedly Stealing $2.4 Million Worth of Cryptocurrency
Turkish authorities have reportedly recently conducted a nationwide operation that targeted individuals suspected of stealing 13 million Turkish liras, about $2.47 million, worth of cryptocurrency from a company based in Istanbul.
Turkish People Tend to Store Funds in Bitcoin Rather Than the National Currency
Even though the cryptocurrency market is a highly volatile field, Turkish investors prefer Bitcoin over the national currency, the lira. In autumn, trading volumes in Turkey alone rose by 37%, proving that Bitcoin’s popularity was not affected by the bear crypto market trend.
Turkish Investor loses $170,000 worth of BTC due to lack of Backup
For those who have cryptocurrency wallets without proper backup, a huge loss may be lurking in the corner if something is not done to safely backup your wallet and recovery seeds. An investor in Turkey is counting his losses right now after losing $170,000 because he lost his password and wallet recovery information.
Turkish Police Arrest 11 Suspects in Alleged Hack of Cryptocurrency Wallet Accounts
The Cybercrime Department of the Turkish National Police has arrested 11 suspects in an alleged hack of crypto accounts, with victims reporting more than $80,000 in losses, major Turkish newspaper Hürriyet reported Friday, Nov. 2.
Turkey’s National Stock Exchange Builds Blockchain Database Platform
Borsa Istanbul, Turkey’s state-backed stock exchange, has announced the development of a blockchain platform that will store details of new customers and share documents on a decentralized network.
Volumes Surge on Turkey's Crypto Exchanges as Lira Tanks
Trading volume on Turkey's cryptocurrency exchanges surged Friday as the country's fiat currency plunged to record lows on economic jitters.
Turkish Lawmaker Proposes National Cryptocurrency
Politicians in Turkey are reportedly looking to launch a national cryptocurrency.