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Coinbase Reportedly in Talks to Acquire Turkish BtcTurk Exchange for $3.2B

Coinbase is reportedly in talks to acquire the Turkish BtcTurk exchange for $3.2 billion as part of its ongoing efforts to expand internationally. “The Hash” group discusses the role of cryptocurrency in Turkey as the national lira’s value declines, and Coinbase’s involvement with Monero. 

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Turkish President Calls for Metaverse Research

Turkish President Recep Tayyip Erdoğan has ordered the ruling Justice and Development Party (AK Party) to conduct a study on the metaverse, cryptocurrencies, and social media. This comes amid Turks flocking to crypto to escape the plunging lira as inflation hits a 19-year high. "The Hash" squad reacts, discussing the significance of Turkey potentially considering a metaverse strategy.

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Why is Crypto Booming in Turkey?

The Turkish lira's instability and recent plummet may not be the only thing making crypto thrive: a lack of regulations makes Turkey a very crypto-friendly nation. "The Hash" panel weighs in on crypto's role in Turkey and other countries experiencing economic turmoil.

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Turkish Lira Tumbles as Erdogan Axes Turkey’s Central Bank Chief

Turkish President Recep Erdogan fired the head of the country’s central bank. In the wake of the lira’s tumble, internet searches for “bitcoin” in Turkey have skyrocketed. “The Hash” panel weighs in on the increasing role of crypto in unstable economies.

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