Turkey


Markets

Turkey’s Banking Giants Go Big on Crypto as Legislation Looms

This week, two of the country’s largest banks announced crypto initiatives.

Turkish Flag Turkey (Unsplash)

Policy

Hull City Sponsor Tomya Crypto Exchange Embroiled in Turkey Fraud Scandal

The owner of Tomya was among 25 people detained in Turkey as the country prepares new crypto legislation.

Turkish Flag Turkey (Unsplash)

Policy

Turkey in 'Final Stage' of Bringing Crypto Legislation as Last Step to Get Off FATF's Gray List: Minister

Turkey has been on the "gray list" of the Paris-based global money laundering and terror financing watchdog since 2021.

Turkish Flag Turkey (Unsplash)

Finance

Binance CMO Hails Istanbul as a Crypto Hub

Binance CMO Rachel Conlan spoke to CoinDesk Türkiye in the lead up to Binance Blockchain Week.

(Engin Yapici/Unsplash)

Policy

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer went missing.

Istanbul, Turkey image via Sabino Parente/Shutterstock

Markets

Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin

BiLira's TRYB stablecoin is pegged to the lira (TRY) and 100% backed by fiat reserves held in Turkish banks.

TRYB's market cap (Coingecko)

Videos

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.

Recent Videos

Policy

Collapsed Turkish Crypto Exchange Thodex's CEO Faruk Özer Extradited, Arrested in Istanbul: Report

Özer was arrested in Albania in August last year after an Interpol red notice against him.

Turkish Flag Turkey (Unsplash)

Videos

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.

Recent Videos

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