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The Turkish Capital Markets Board introduces new licensing and operational regulations for cryptocurrency exchanges, custodians, and wallet service providers. Turkish authorities have rolled out a new regulatory framework on March 13 to tighten oversight and operational standards for cryptocurrency exchanges,…
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BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services. The move positions BankPozitif at the forefront of Turkey’s expanding digital asset sector as the country experiences rising…
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Law enforcement in Phuket has arrested four hackers suspected of orchestrating ransomware attacks on Swiss firms and stealing millions in cryptocurrency. The accused, all Russian nationals, reportedly deployed ransomware on the networks of 17 Swiss companies between April 2023 and…
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The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex. The court dismissed charges related to starting an organization to commit a crime but upheld his…
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BTguru, a virtual and crypto assets provider in Turkey, has partnered with Chainlink to accelerate the adoption of tokenized securities by institutions. The partnership will leverage Chainlink (LINK)’s interoperability protocol,data feeds and proof-of-reserve technology, BTguru said in an announcement. As…
LINK
Chainlink
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On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization.
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Cryptocurrency exchange Coinbase has quietly pulled its bid to enter the Turkish market, joining other trading platforms that have backed out. U.S.-based crypto exchange Coinbase withdrew its pre-application to enter Turkey just four months after applying to the list of…
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Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the company seeks to expand…
USDT
Tether
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Crypto exchange Binance has ended its retail referral program in Turkey, just months after registering its services with the local regulator. Cryptocurrency exchange Binance is changing its operations in Turkey, announcing the termination of its referral program for retail customers…
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Turkey and Russia have both moved to ban the popular communication platform Discord, citing concerns over child abuse and other criminal activities. In Turkey, authorities blocked access to Discord after a court ruling linked the platform to incidents of child…
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Fintech startup Mesh has partnered with Turkey’s crypto exchange Paribu to enhance user access to seamless payments across the web3 ecosystem. Mesh, a U.S. fintech startup backed by PayPal Ventures, has joined forces with centralized cryptocurrency exchange Paribu, aiming to…
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Vice President Cevdet Yilmaz confirmed that Turkey will not implement a tax on profits from crypto or stock trading this year. The government previously considered such a tax but has focused on reducing existing tax exemptions, according to Bloomberg reporting.…
BTC
Bitcoin
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Stablecoins settled $3.7 trillion in 2023 and are on pace to reach $5.28 trillion in 2024, with growing usage beyond exchange settlement, new research shows. Stablecoins continue to solidify their role in the global financial landscape, with settlement volumes reaching…
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Bybit launches spot TRY trading pairs, offering Turkish users direct access to cryptocurrencies without the need for conversion steps. Bybit is intensifying its expansion in Turkey by launching Turkish Lira trading pairs on its spot market, allowing users to trade…
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Coinbase and KuCoin are among a new list of cryptocurrency companies and services eyeing registration in Turkey. The updated list of companies now includes Coinbase, KuCoin and Gate.io, with the number of organizations up from 47 to 76. As crypto.news…
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Binance, Bitfinex are rushing to register their services in Turkey as the country has finalized its regulatory stance on crypto. International cryptocurrency exchanges are rushing to register their services in Turkey following the country’s finalization of its regulatory stance on…
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