Turkey


Videos

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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Markets

Bitcoin Searches Spike in Turkey as Central Bank Chief Fired, Lira Plummets

Turks might be looking for bitcoin as a potential store of value against further currency weakening or as a hedge against inflation.

Google searches on "Bitcoin" are soaring in Turkey after the president's replacement of the country's top central banker sent the local currency, the lira, plunging.

Markets

Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor

Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency.

Central bank Governor Naci Ağbal

Markets

Why Fiats Are Failing in 2020

From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?

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Markets

Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

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Markets

Binance Launches Fiat-Crypto Exchange for Turkish Market

The new exchange, offering Turkish lira trading pairs, will be owned by Binance but operated by a locally registered company.

Istanbul, Turkey image via Sabino Parente/Shutterstock

Markets

Istanbul or 'Coinstantinople'? Inside Turkey’s Bitcoin Bull Market

The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end.

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Markets

Turkey's New Economic Roadmap Calls for Central Bank Cryptocurrency

The initiative is part of Turkey's 11th Development Plan aimed at to reinvigorating the national economy.

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Markets

Where Crypto Exchanges Are Beating the Bear Market

Turkish exchanges OKEx and BtcTurk are onboarding thousands of crypto traders as the lira falters.

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Markets

Bitcoin Price Hits 7-Month High Against Turkish Lira

Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.

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