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Turkey
Market Wrap: Bitcoin Near $62K, Recovers Slowly From Turkey Crypto Payment Ban; Dogecoin Jumps
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
Week in Review: Coinbase’s Public Listing, Growing Demand for Privacy
It’s been a big week for bitcoin. Coinbase’s public listing made history, and a government crackdown on crypto in Turkey has prompted growing calls for privacy in financial transactions, leading to a boom in privacy coins.
Reaction to Turkey’s Crypto Payments Ban from Country’s Largest Crypto Exchange
Turkey’s government has banned crypto and other e-money payments amid a national currency crisis. Özgür Güneri, CEO of BtcTurk, Turkey’s largest cryptocurrency exchange, joins “First Mover” to discuss the unfolding situation and how this will impact crypto investments in Turkey and the broader crypto markets.
Is There Any Risk of a Regulatory Crackdown on Crypto in the U.S.?
In light of Turkey’s crypto payments ban, more people are asking about the possibility of seeing similar crackdowns in the U.S. But is the possibility of a regulatory crackdown here something to worry about? Nikhilesh De weighs in.
Understanding the Challenges of Developing a Financially-Inclusive Crypto Payments Platform
Dante Disparte, Chief Strategy Officer at Circle, comments on Turkey's crypto payments ban and the outlook for stablecoins, including Circle's popular USD Coin (USDC). Also, does Coinbase going public affect Circle's partnership with the exchange? And what are his thoughts about Facebook-backed Diem (formerly known as Libra) looking back on his earlier work as a leader of that project? Disparte shares what he learned about regulatory concerns and how Circle is focused on a similar mission, bringing crypto to the unbanked.
Bitcoin Price Drops as Turkey Bans Crypto Payments Amid Currency Crisis
Turkey's crypto ban sets a bad precedent for other countries mulling similar moves.
Turkey to Ban the Use of Crypto for Payments; Bitcoin Falls
The measure, to go into effect April 30, comes as the use of crypto had risen due to a plunge in the price of the lira.
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.
McLaren Partners With Turkish Crypto Firm to Launch Formula 1 Fan Token
The McLaren token will be issued in the coming months on Bitci.com's native blockchain.
Crypto Is Not Regulated in Turkey, and It’s Thriving
Central bank instability tends to attract people to cryptocurrency. As the lira dropped on Monday, internet searches about cryptocurrencies spiked.
