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Over $2M In Crypto Donations Raised for Turkey after Earthquake

Turkish singer Haluk Levent’s charity Ahbap is leading the response with roughly $2 million in crypto donations raised on the Avalanche, BSC and Ethereum blockchains in less than a day. Local exchange Paribu is also fundraising for two nonprofits assisting in the response. CoinDesk Türkiye Editor-in-Chief Serdar Turan joins the conversation.

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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.

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