Cryptocurrency Analysis and News Portal
Turkey will begin piloting a previously undisclosed digital currency in the second half of 2021, the country’s chief central banker Naci Ağbal told members of parliament Friday. “There is an R&D project initiated on digital money. Currently the conceptual phase of this project has been completed. We aim to start
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A new survey seems to debunk the common conception of Turkey as a cryptocurrency-savvy country. Major Turkish crypto exchange Paribu had a simple aim: to find 1,000 Turkish citizens who somehow heard about crypto. It took over 6,000 video interviews across 12 cities in Turkey during the peak of COVID-19 outbreak,
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Major crypto exchange Binance is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn.Binance listed a total of five open positions on its LinkedIn company page as of Dec. 6 to establish a local presence in Istanbul, Turkey. The company is seeking
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In this week’s selected cryptocurrency- and blockchain-related news from CryptoX Turkey, President Recep Tayyip Erdogan directed the government to finish testing a national central bank digital currency (CBDC) next year and a fraud saw up to 40 people losing 600 Bitcoins (BTC) — equivalent to roughly $5.2 million.Digital lira
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Turkey’s state-sponsored outlet Resmi Gazete, which regularly announces details of new legislation and publishes official announcements of the Turkish government, released a document detailing the progress of the digital Lira.The document was published early this week and affirms that the initial trials of the new digital currency would be conducted
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Turkey's President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020. The country’s national blockchain-based digital lira is planned to be issued by the Central Bank in accordance with the 2020 Annual Presidential Program, CryptoX Turkey reported on Nov.
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In this week’s selected cryptocurrency- and blockchain-related news from CryptoX Turkey, the Turkish edition of CryptoX launched, Binance CEO Changpeng Zhao announced that he will be visiting Turkey to speak at the Capital Market Summit in November, and a Turkish CEO is convinced that Bitcoin (BTC) ads during soccer
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The Turkish government announced its plan to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration.The Republic of Turkey’s Ministry of Industry and Technology announced plans for a "National Blockchain Infrastructure" during its Strategy 2023 presentation on Sept. 18 in Ankara, Turkey.Strategy 2023 emphasizes blockchain
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Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties
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A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system
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