Turkey
Report: Turkey Plans to Present Law on Cryptocurrencies in October
The Turkish government plans to present a bill regulating cryptocurrencies to Parliament in October, Sabah reported. "The Hash" panel explores the potential scope for crypto regulation in Turkey and whether other countries are likely to develop their own crypto strategy. "While I do think that [Turkey] might be trying to protect consumers... I also do think it's more of a control thing," host Naomi Brockwell said.
What Is Happening With Turkey’s Crypto Exchanges?
The CEO of Turkey-based crypto exchange Thodex is still missing, along with hundreds of millions of dollars in users’ funds, after the exchange went dark last week. The Turkish government is investigating Thodex’s collapse and threatening further crypto crackdowns. Nik De reviews the situation in Turkey. Plus, an update on regulations in South Korea.
A Missing CEO and an Offline Turkish Crypto Exchange: What Happened With Thodex?
Thodex, a Turkish crypto exchange, abruptly halted trading Thursday, and its CEO, Faruk Fatih Özer, is missing. Thodex had $585M in crypto on the exchange, and users fear they're lost forever. "The Hash" panel debates what might have happened at Thodex and what crypto investors can learn from the incident.
New Bill Would Require Companies to Disclose Information About Board, Other Metrics
House Financial Services Committee recently voted in favor of a new bill that would require public companies to publish diversity information about their board members, as well as other environmental and social metrics. Nikhilesh De breaks down how these new policies, if passed into law, would impact public crypto companies.
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.
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.
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.