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Turkey
Crypto's Role in the Upcoming Presidential Election for Turkey
Turkey's presidential election is scheduled to take place on May 14, with some media organizations are calling it the most important election of the year. CoinDesk Executive Director of Global Content Emily Parker discusses the role of crypto in this election, referencing the macroeconomic conditions in Turkey.
International Women’s Day 2023: Women in Crypto
As part of International Women's Day, WomenInDeFi Brand Strategist Umeh Chinonye, along with MenaPay CEO and co-founder Çağla Gül Şenkardeş, join "First Mover" to discuss how women in crypto are fighting for the underrepresented in the space from Nigeria to Turkey.
Tips to Avoid Crypto Scams
Turkish nonprofits are raising millions of dollars in crypto for the earthquake response. Reacting to Turkish singer Haluk Levent warning his Twitter followers about fraudulent accounts popping up in the wake of the devastation, CoinDesk Türkiye Editor-in-Chief Serdar Turan shares tips for avoiding these types of scams.
Massive Earthquake Hits Turkey and Syria
A powerful earthquake struck Turkey near the Syrian border. At least 2,000 people have been killed and thousands more injured. Turkey is a country where crypto adoption has been accelerating recently. CoinDesk will continue to monitor these developments.
Here’s Why Crypto Is Booming in Turkey
At least 8 million people in Turkey are engaged in crypto, according to a 2022 research report by Turkish crypto exchange Paribu. CoinDesk Executive Director of Global Content Emily Parker shares insights into Turkey's crypto adoption and regulation.
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.
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.
Is Bitcoin Still a Good Inflation Hedge?
A key U.S. inflation report published Wednesday indicates consumer prices increased 7% in December from a year earlier at its fastest pace since June 1982. Separately, Turkey's annual inflation rate has hit 36%, soaring to a 19-year high. Isaiah Douglass, a partner at Indiana-based financial planning firm Vincere Wealth Management, discusses whether bitcoin is still considered a potential hedge against rising inflation, how investors should best allocate funds between dollars and Bitcoin.