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Turkey

UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
Australia requires VASP license under new rules
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3 October, 2024

Australia requires VASP license under new rules

Elsewhere, Turkey will not levy new taxes on digital assets and stocks this year after an initial plan attracted severe...
47 VASPs have applied for licensing in Turkey: Capital Markets Board
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14 August, 2024

47 VASPs have applied for licensing in Turkey: Capital Markets Board

Under the country’s capital markets law, which took effect a month ago, 47 virtual asset service providers are currently awaiting...
META region’s AI spending may climb to $7B by 2026: report
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15 July, 2024

META region’s AI spending may climb to $7B by 2026: report

Data released by the IDC shows that the projected AI spending of up to $7 billion would be driven by...
Turkey eyes 0.03% tax on digital asset transactions: report
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24 June, 2024

Turkey eyes 0.03% tax on digital asset transactions: report

The new tax is part of a larger proposal by the Erdogan government to raise $7 billion to plug a...
Turkey tops list for stablecoin purchases versus GDP
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30 April, 2024

Turkey tops list for stablecoin purchases versus GDP

Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having...
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